Texas Grandparents Raising Inc Grandchildren

Analysis

Texas Grandparents Raising Inc Grandchildren is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Grandparents Raising Inc Grandchildren reported income of $217k and spending of $178k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $227k to $217k (-4.4%), an average of -2.2% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Grandparents Raising Inc Grandchildren sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Hope for the Future Inc ($217k), Thomas County Food Bank and Outreach Center Inc ($217k) and JKV Foundation Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $155k (87% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.