Texas Coastal Exchange

Analysis

Texas Coastal Exchange is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 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 December 2023, Texas Coastal Exchange reported income of $109k and spending of $41k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $343k to $109k (-68%), an average of -44% a year. The sharpest change came in the year to December 2023, when income rose by 746%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Texas Coastal Exchange sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Southampton Garden Club ($109k), Nevada Recreation and Park Society ($109k) and White Haven Preservation Foundation Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.