Association of Texas Midwives Inc

Analysis

Association of Texas Midwives Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 1985, 41 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, Association of Texas Midwives Inc reported income of $281k and spending of $196k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $173k to $281k (+62%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Texas Midwives Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Crookston Area Seniors Association Inc ($281k), Berkley Presbyterian Missionary Homes ($281k) and Debtors Anonymous General Service Board Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $71k (36% of expenses). At year end it held assets of $645k against liabilities of $12k, net assets of $632k. It reported 3 employees.