Fort Worth Report

Analysis

Fort Worth Report is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Fort Worth Report reported income of $1.8m and spending of $2.1m, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.4m to $1.8m (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Worth Report sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include We Care Program ($1.8m), Ascension Episcopal School ($1.8m) and Boo Williams Summer League Ltd ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $250k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 26 employees.