Franciscan Fathers of Texas

Analysis

Franciscan Fathers of Texas is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franciscan Fathers of Texas reported income of $777k and spending of $478k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $777k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franciscan Fathers of Texas sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include The Scarsdale Adult School ($777k), Prince Edward Graves Homes Inc ($778k) and National Council on Alcoholism and Drug Dependence of Central Ms Area ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 24% of the total. At year end it held assets of $2.8m against liabilities of $531k, net assets of $2.3m.