Foundation for an Informed Texas

Analysis

Foundation for an Informed Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Foundation for an Informed Texas reported income of $68k and spending of $69k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $107k to $68k (-37%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for an Informed Texas sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Ewha Womans University Alumnae Association of Greater New York in ($68k), Oklahoma Educational Foundation for Osteopathic Medicine ($68k) and College Outreach ($68k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,714 against liabilities of $0, net assets of $9,714.