Texas Legislative Black Caucus Research & Education Alliance Fund

Analysis

Texas Legislative Black Caucus Research & Education Alliance Fund 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 (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 2022, Texas Legislative Black Caucus Research & Education Alliance Fund reported income of $528k and spending of $255k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $260k to $528k (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Legislative Black Caucus Research & Education Alliance Fund 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 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Allen Eiry Senior Center Inc ($528k), Georgetown University Alumni Association Inc ($528k) and K Anthony Pre-School Inc ($528k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $92k. At year end it held assets of $592k against liabilities of $0, net assets of $592k.