Altrusa International of Richardson Foundation Inc

Analysis

Altrusa International of Richardson Foundation Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 May 2024, Altrusa International of Richardson Foundation Inc reported income of $54k and spending of $53k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $76k to $54k (-29%), an average of -28% a year. The sharpest change came in the year to May 2024, when income dropped by 29%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Altrusa International of Richardson Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Schofield Foundation ($54k), Monfort Heights Athletic Association ($54k) and Asians Are Strong Inc ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.