Texas Water Trade

Analysis

Texas Water Trade is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Texas Water Trade reported income of $2.5m and spending of $1.3m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $254k to $2.5m (+897%), an average of +78% a year. The sharpest change came in the year to June 2020, when income rose by 287%. Over the whole period it spent 64% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Texas Water Trade sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Florida Botanical Gardens Foundation Inc ($2.5m), Water Professionals International ($2.5m) and Sustainable Jersey Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $227k (17% of expenses). Other salaries and wages came to $427k. At year end it held assets of $2.3m against liabilities of $33k, net assets of $2.3m. It reported 6 employees.