Texas Water Foundation Inc

Analysis

Texas Water Foundation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1999, 27 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, Texas Water Foundation Inc reported income of $871k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $512k to $871k (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Texas Water Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Browning the Green Space Inc ($871k), Golden Gate Bird Alliance ($871k) and Knoxville Botanical Gardens and Arboretum ($871k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $191k (19% of expenses). Other salaries and wages came to $358k. At year end it held assets of $413k against liabilities of $39k, net assets of $373k. It reported 5 employees.