Texas Alliance of Groundwater Districts

Analysis

Texas Alliance of Groundwater Districts is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1994, 32 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 September 2023, Texas Alliance of Groundwater Districts reported income of $506k and spending of $419k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $273k to $506k (+85%), an average of +17% a year. The sharpest change came in the year to September 2023, when income rose by 60%. 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, Texas Alliance of Groundwater Districts sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Simeanna South Inc ($506k), Lassen County Senior Housing Council Inc ($506k) and Howard County Fair Association Inc ($506k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $123k (29% of expenses). Other salaries and wages came to $93k. At year end it held assets of $512k against liabilities of $3,904, net assets of $508k. It reported 3 employees.