Texas Neurofibromatosis Foundation

Analysis

Texas Neurofibromatosis Foundation is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Neurofibromatosis Foundation reported income of $647k and spending of $693k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $815k to $647k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Neurofibromatosis Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Oklahoma Parents Center Inc ($647k), Nami San Francisco ($647k) and Another Chance of Atlanta Inc ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). At year end it held assets of $533k against liabilities of $45k, net assets of $488k. It reported 5 employees.