Texas Freedom Network Education Fund

Analysis

Texas Freedom Network Education Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1996, 30 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, Texas Freedom Network Education Fund reported income of $5.4m and spending of $5.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.4m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Texas Freedom Network Education Fund sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Illinois Association of Court Appointed Special Advocates ($5.4m), Coast to Coast Legal Aid of South Florida Inc ($5.4m) and Georgia Court Appointed Special Advocates Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $3.4m against liabilities of $166k, net assets of $3.2m.