Scenic Texas Inc

Analysis

Scenic Texas Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Scenic Texas Inc reported income of $173k and spending of $155k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $630k to $173k (-72%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 67%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scenic Texas Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Friends of the Largo Library Inc ($173k), Texas Association of Area Agencies on Aging ($173k) and Community Reinvestment Foundation- XI Inc ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $124k against liabilities of $39k, net assets of $85k.