Writers League of Texas

Analysis

Writers League of Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 2023, Writers League of Texas reported income of $412k and spending of $407k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $530k to $412k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Writers League of Texas sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include National Association for Shoplifting Prevention Inc ($412k), The Walter and Emilie Spivey Foundation Inc ($412k) and Detv Foundation ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $90k (22% of expenses). Other salaries and wages came to $100k. At year end it held assets of $13k against liabilities of $34k, net assets of -$20k. It reported 6 employees.