North Texas Commission Foundation
Analysis
North Texas Commission Foundation is a registered charity in United States, based in DFW Airport, TX. It received its IRS tax-exemption ruling in October 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, North Texas Commission Foundation reported income of $247k and spending of $256k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $305k to $247k (-19%), an average of -5.1% a year. The sharpest change came in the year to September 2023, when income rose by 87%. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Texas Commission Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Cultivate ($247k), Bogalusa Rebirth ($247k) and Picayune Main Street Inc ($247k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $320k against liabilities of $189k, net assets of $131k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cultivate | Grove City | $247k |
| Bogalusa Rebirth | Bogalusa | $247k |
| Picayune Main Street Inc | Picayune | $247k |
| Northeastern Economic Development Company of Pa CDC Inc | Dunmore | $247k |