Texas Pediatric Society

Analysis

Texas Pediatric Society is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1976, 50 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 Pediatric Society reported income of $1.7m and spending of $2.1m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Pediatric Society sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Circuit Clerks Trust for Life Inc ($1.7m), Disability Rights Vermont Inc ($1.7m) and Camp Matziv Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $138k (6.6% of expenses). Other salaries and wages came to $592k. At year end it held assets of $2.7m against liabilities of $825k, net assets of $1.9m. It reported 11 employees.