Elevate North Texas

Analysis

Elevate North Texas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 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, Elevate North Texas reported income of $231k and spending of $151k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $231k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elevate North Texas sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Southwest Region Emergency Medical Services and Trauma Care Council ($231k), University Physicians Group ($231k) and It Only Takes a Spark ($231k).

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 $46k (30% of expenses). Other salaries and wages came to $33k. It paid $3,999 in professional fundraising fees. At year end it held assets of $115k against liabilities of $1,519, net assets of $114k. It reported 4 employees.