Operation Progress Fort Worth

Analysis

Operation Progress Fort Worth is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 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 June 2023, Operation Progress Fort Worth reported income of $246k and spending of $181k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $225k to $246k (+9.5%), an average of +3.1% a year. The sharpest change came in the year to June 2023, when income rose by 294%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Operation Progress Fort Worth sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Pulaski Community Youth Center ($246k), Sporting Indiana FC ($247k) and Richmond Hill Soccer Club ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (51% of expenses). Other salaries and wages came to $1,644. At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 8 employees.