Texas Pride Impact Funds

Analysis

Texas Pride Impact Funds is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2018, 8 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 December 2023, Texas Pride Impact Funds reported income of $388k and spending of $395k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $411k to $388k (-5.6%), an average of -5.6% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Pride Impact Funds sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Chicares Assisted Living Ltd ($388k), RTS Missions Inc ($388k) and Daily Bread - an Ecumenical Food Pantry Inc ($388k).

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 $117k (30% of expenses). Other salaries and wages came to $115k. It paid $8,198 in professional fundraising fees. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 3 employees.