Botanical Research Institute of Texas Inc

Analysis

Botanical Research Institute of Texas Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover science and technology, 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, Botanical Research Institute of Texas Inc reported income of $19.0m and spending of $15.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $19.0m (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Botanical Research Institute of Texas Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Santa Barbara Museum of Art ($19.0m), Cincinnati Arts Association ($19.1m) and National Strategic Research Institute ($18.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $16.9m against liabilities of $3.7m, net assets of $13.2m. It reported 157 employees.