The Community Foundation of the Texas Hill Country Inc

Analysis

The Community Foundation of the Texas Hill Country Inc is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Community Foundation of the Texas Hill Country Inc reported income of $7.9m and spending of $8.8m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $7.9m (+202%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 403%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Community Foundation of the Texas Hill Country Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Pi Foundation Inc ($7.9m), Daily Giving Inc ($7.9m) and Central Texas Community Foundation Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $383k. At year end it held assets of $44.7m against liabilities of $10.0m, net assets of $34.7m. It reported 5 employees.