Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc

Analysis

Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc is a registered charity in United States, based in Stafford, TX. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc reported income of $5.8m and spending of $8.6m, spending 148% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.0m to $5.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Zion Integrated Behavioral Health Services Inc ($5.8m), Northeast Alabama Health Services Inc ($5.8m) and Covenant Health System Foundation ($5.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 108% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $720k (8.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $17.5m against liabilities of $769k, net assets of $16.7m. It reported 26 employees.