Fort Worth Lecture Foundation Inc

Analysis

Fort Worth Lecture Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1940, 86 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 April 2024, Fort Worth Lecture Foundation Inc reported income of $199k and spending of $123k, leaving 38% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $129k to $199k (+55%), an average of +55% a year. The sharpest change came in the year to April 2024, when income rose by 55%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Worth Lecture Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Heritage Hill Association Inc ($199k), The Rabbi Dr Leo Jung Memorial Fund ($199k) and Premiere Eglise D Apocalypse ($199k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.