Texas Public Policy Foundation
Analysis
Texas Public Policy Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Texas Public Policy Foundation reported income of $24.3m and spending of $21.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.7m to $24.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Public Policy Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Vali Division of Wasatch-Lakecrest ($24.3m), Family Service Association of Greater Fall River Inc ($24.3m) and Familyaid Boston Inc ($24.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $2.1m (9.9% of expenses). Other salaries and wages came to $8.0m. It paid $590k in professional fundraising fees. At year end it held assets of $25.2m against liabilities of $718k, net assets of $24.5m. It reported 109 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vali Division of Wasatch-Lakecrest | Woods Cross | $24.3m |
| Family Service Association of Greater Fall River Inc | Fall River | $24.3m |
| Familyaid Boston Inc | Boston | $24.2m |
| True Ground Housing Partners | Arlington | $24.3m |