Epilepsy Foundation of Texas

Analysis

Epilepsy Foundation of Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Epilepsy Foundation of Texas reported income of $1.6m and spending of $2.2m, spending 138% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.6m to $1.6m (-37%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Epilepsy Foundation of Texas sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Hospital Hospitality House of Winston-Salem ($1.6m), New Life Usa-Nevada ($1.6m) and Bone Marrow and Cancer Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 110% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $323k (15% of expenses). Other salaries and wages came to $616k. At year end it held assets of $1.7m against liabilities of $955k, net assets of $722k. It reported 24 employees.