Texas Garden Clubs Inc

Analysis

Texas Garden Clubs Inc is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in January 1993, 33 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 December 2023, Texas Garden Clubs Inc reported income of $124k and spending of $117k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $124k (+10%), an average of +10% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Garden Clubs Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Fort Wayne Sister Cities International Inc ($124k), Dallas Association of Young Lawyers Foundation ($124k) and Sikh Study Circle DFW Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.