Texas Tranquility Estates

Analysis

Texas Tranquility Estates is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Tranquility Estates reported income of $418k and spending of $450k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $598k to $418k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Texas Tranquility Estates sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Connecticut 4-H Foundation Inc ($417k), Girls on the Run of Montgomery and Delaware Counties Pa ($418k) and Take a Kid Hunting Foundation Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $92k (20% of expenses). Other salaries and wages came to $130k. At year end it held assets of $172k against liabilities of $117k, net assets of $56k. It reported 21 employees.