Ferguson Road Initiative

Analysis

Ferguson Road Initiative is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ferguson Road Initiative reported income of $294k and spending of $320k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $294k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ferguson Road Initiative sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Experience the Heart of Kendallville Inc ($294k), Bay Area Houston Advanced Technology Consortium ($294k) and El Centro Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $208k. At year end it held assets of $266k against liabilities of $14k, net assets of $252k. It reported 7 employees.