Texas Trust Gives

Analysis

Texas Trust Gives is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Trust Gives reported income of $335k and spending of $282k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $300k to $335k (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Texas Trust Gives sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Kowalskis 4 Kids ($335k), John W Nelson Trust ($335k) and Hillsborough Concours Delegance Foundation ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.9m against liabilities of $190k, net assets of $1.7m.