Texas Rural Communities Inc

Analysis

Texas Rural Communities Inc is a registered charity in United States, based in Buda, TX. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Texas Rural Communities Inc reported income of $421k and spending of $443k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $522k to $421k (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Texas Rural Communities Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include One Arroyo Foundation ($421k), Nebraska Japanese Animation Society ($421k) and Joy of Helping ($421k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 20% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $50k. At year end it held assets of $9.6m against liabilities of $9,978, net assets of $9.6m. It reported 2 employees.