Texas Alliance for Life Trust Fund

Analysis

Texas Alliance for Life Trust Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Texas Alliance for Life Trust Fund reported income of $565k and spending of $588k, spending 104% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $292k to $565k (+94%), an average of +14% a year. The sharpest change came in the year to April 2020, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Alliance for Life Trust Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include US Partnership for Assured Electronics ($565k), Nai-Ni Chen Dance Company Inc ($565k) and Freedomtainment ($565k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). Other salaries and wages came to $278k. At year end it held assets of $560k against liabilities of $11k, net assets of $548k.