Texas 20

Analysis

Texas 20 is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2019, 7 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 2022, Texas 20 reported income of $288k and spending of $46k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income fell from $662k to $288k (-56%), an average of -34% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas 20 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include California Community Collegescalworks Association ($288k), Family Promise of Mid Michigan ($288k) and Amor Wellness Center Inc ($288k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $613k against liabilities of $0, net assets of $613k.