Texas Equusearch

Analysis

Texas Equusearch is a registered charity in United States, based in Dickinson, TX. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Texas Equusearch reported income of $838k and spending of $859k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $838k (+151%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Texas Equusearch sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Middleway Volunteer Fire Company Inc ($835k), Community Volunteer Fire Department ($840k) and Silverton First Aid Squad Inc ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $178k (21% of expenses). Other salaries and wages came to $62k. At year end it held assets of $574k against liabilities of $0, net assets of $574k. It reported 6 employees.