Daughters of the Republic of TX Inc

Analysis

Daughters of the Republic of TX Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Daughters of the Republic of TX Inc reported income of $72k and spending of $65k, spending 90% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $55k to $72k (+32%), an average of +7.2% a year. The sharpest change came in the year to May 2022, when income rose by 102%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daughters of the Republic of TX Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Goldsboro Civic Ballet Inc ($72k), Little League Baseball Inc ($72k) and Casino Chip & Gaming Token Collectors Club Inc ($72k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m.