Texas Wine School Foundation

Analysis

Texas Wine School Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2019, 7 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 2023, Texas Wine School Foundation reported income of $733k and spending of $731k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $733k (+115%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Wine School Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Red Robin Foundation ($733k), Youth Transforming Justice ($733k) and Share Collaborative Inc ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $61k against liabilities of $14k, net assets of $47k.