Fair Shot Texas

Analysis

Fair Shot Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Fair Shot Texas reported income of $2.0m and spending of $892k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $778k to $2.0m (+151%), an average of +151% a year. The sharpest change came in the year to June 2023, when income rose by 151%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Shot Texas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Lighthouse Pregnancy Resource Center Inc ($2.0m), Independent Living Options Inc ($2.0m) and Social Impact Commons Inc ($2.0m).

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 $148k (17% of expenses). Other salaries and wages came to $277k. At year end it held assets of $1.5m against liabilities of $40k, net assets of $1.5m. It reported 6 employees.