Texas Nurses Foundation

Analysis

Texas Nurses Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Texas Nurses Foundation reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.2m (+0.3%), an average of +0.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Nurses Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Outreach Concern Incorporated ($1.2m), Create Cures Foundation ($1.2m) and Family Health Services of East Central Ohio ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $42k (3.8% of expenses). Other salaries and wages came to $672k. At year end it held assets of $2.2m against liabilities of $83k, net assets of $2.1m.