Texas Chrome Heros Foundation Inc

Analysis

Texas Chrome Heros Foundation Inc is a registered charity in United States, based in Port O Connor, TX. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Chrome Heros Foundation Inc reported income of $253k and spending of $216k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $253k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Chrome Heros Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Monterey Bay Power Over Parkinsons Inc ($253k), Field to Healed Foundation ($253k) and Haz Mat 2 Enviromental Fire Rescue ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $123k against liabilities of $31k, net assets of $91k.