Friends of Texas Wildlife
Analysis
Friends of Texas Wildlife is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Friends of Texas Wildlife reported income of $181k and spending of $165k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $181k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 83% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Texas Wildlife sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include LCS Housing Development Fund Company Inc ($181k), Colorado Riverfront Foundation Inc ($181k) and Franklin Lakes Board of Education Foundation Inc ($181k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $61k (37% of expenses). Other salaries and wages came to $450. At year end it held assets of $541k against liabilities of $1,128, net assets of $540k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| LCS Housing Development Fund Company Inc | Albany | $181k |
| Colorado Riverfront Foundation Inc | Grand JCT | $181k |
| Franklin Lakes Board of Education Foundation Inc | Franklin LKS | $181k |
| Casa Foundation | Las Vegas | $181k |