Texas and Southwestern Cattle Raisers Foundation

Analysis

Texas and Southwestern Cattle Raisers Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 and Southwestern Cattle Raisers Foundation reported income of $529k and spending of $602k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $877k to $529k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas and Southwestern Cattle Raisers Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Teen Arts New Jersey a NJ Nonprofit Corporation ($529k), Peninsula Choral Association Dba Peninsula Girls Chorus ($529k) and Church Studio Music Foundation ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $137k (23% of expenses). Other salaries and wages came to $117k. At year end it held assets of $10.7m against liabilities of $77k, net assets of $10.7m. It reported 2 employees.