Mytexaskids

Analysis

Mytexaskids is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Mytexaskids reported income of $181k and spending of $180k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $181k (-5.0%), an average of -5.0% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mytexaskids sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Friends of the Children-Portland Foundation ($181k), Upward Roots Inc ($181k) and Benefiting the Boys and Girls of America Incorporated ($181k).

At year end it held assets of $7,532 against liabilities of $0, net assets of $7,532.