Texas Oilmans Bass Charities

Analysis

Texas Oilmans Bass Charities is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Texas Oilmans Bass Charities reported income of $111k and spending of $70k, leaving 37% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $108k to $111k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to September 2021, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Texas Oilmans Bass Charities sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include David and Enid Rosenberg Family Foundation ($111k), Mariner Sands Foundation Inc ($111k) and Jackson County United Givers Fund Inc ($111k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.