Texas 2036

Analysis

Texas 2036 is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public and societal benefit, 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, Texas 2036 reported income of $8.1m and spending of $9.6m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.2m to $8.1m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas 2036 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Openlands ($8.1m), Childrens Arts & Sciences Workshop Inc ($8.1m) and Mid-Michigan District Health Department ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $1.6m (16% of expenses). Other salaries and wages came to $3.0m. It paid $96k in professional fundraising fees. At year end it held assets of $12.8m against liabilities of $796k, net assets of $12.0m. It reported 36 employees.