Environmental Fund for Texas

Analysis

Environmental Fund for Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1992, 34 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 June 2023, Environmental Fund for Texas reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $831k to $1.0m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Environmental Fund for Texas sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Fernbrook Environmental Education Center Inc ($1.0m), Anne Arundel County Watershed Stewards Academy Inc ($1.0m) and Wilderness Torah ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $81k (8.0% of expenses). Other salaries and wages came to $158k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $711k. It reported 7 employees.