Texas Rangers Association Foundation

Analysis

Texas Rangers Association Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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 Rangers Association Foundation reported income of $2.0m and spending of $1.5m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 286%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Rangers Association Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Harford Family House Inc ($2.0m), Greater Richmond Inter-Faith Program ($2.0m) and Midland Rape Crisis Center Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $297k. At year end it held assets of $4.9m against liabilities of $25k, net assets of $4.9m. It reported 3 employees.