Texas Smiles Foundation

Analysis

Texas Smiles Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Smiles Foundation reported income of $294k and spending of $274k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $294k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Smiles Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Texas Star Party Inc ($294k), Copassion Inc ($294k) and Peck Slip School Parent Teachers Association Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $117k (43% of expenses). Other salaries and wages came to $43k. At year end it held assets of $3.3m against liabilities of $4,774, net assets of $3.3m.