Eqtx Equality Texas Foundation

Analysis

Eqtx Equality Texas Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Eqtx Equality Texas Foundation reported income of $1.6m and spending of $2.0m, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $704k to $1.6m (+127%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 95% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Eqtx Equality Texas Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Tennessee Innocence Project ($1.6m), Raleigh Police Department Foundation Inc ($1.6m) and Miami Beach Gay Pride ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $124k (6.1% of expenses). Other salaries and wages came to $637k. At year end it held assets of $1.4m against liabilities of $194k, net assets of $1.2m. It reported 16 employees.