Texas Christian Foundation

Analysis

Texas Christian Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Christian Foundation reported income of $227k and spending of $137k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $206k to $227k (+10%), an average of +5.1% a year. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Texas Christian Foundation 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 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Childrens Alopecia Project ($227k), Caps Foundation ($227k) and Kiwanis Club of Anacortes Wa Foundation ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $120k (88% of expenses). At year end it held assets of $192k against liabilities of $347, net assets of $192k. It reported 2 employees.