Texas Pregnancy Care Network

Analysis

Texas Pregnancy Care Network is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Texas Pregnancy Care Network reported income of $50.5m and spending of $50.2m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $17.5m to $50.5m (+188%), an average of +30% a year. The sharpest change came in the year to August 2020, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Pregnancy Care Network sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Covenant Retirement Communities Inc ($50.4m), Lumbee Land Development Inc ($50.5m) and Foodlink Inc ($50.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $219k (0.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.9m against liabilities of $13.1m, net assets of $1.7m. It reported 20 employees.