Parks and Wildlife Foundation of Texas Inc

Analysis

Parks and Wildlife Foundation of Texas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Parks and Wildlife Foundation of Texas Inc reported income of $19.7m and spending of $10.5m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $19.7m (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Parks and Wildlife Foundation of Texas Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include 350 Org ($19.6m), We Mean Business Coalition Inc ($19.8m) and United States Endowment Forforestry and Communities Inc ($19.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $286k (2.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $92.0m against liabilities of $7.4m, net assets of $84.6m. It reported 18 employees.