Greater Texas Capital Community Finance

Analysis

Greater Texas Capital Community Finance is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 September 2023, Greater Texas Capital Community Finance reported income of $274k and spending of $157k, leaving 43% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $178k to $274k (+54%), an average of +54% a year. The sharpest change came in the year to September 2023, when income rose by 54%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Texas Capital Community Finance sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Brewable Inc ($274k), Cross Community Inc ($274k) and Progeny Start Ups Inc ($274k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. At year end it held assets of $206k against liabilities of $8,145, net assets of $198k.