Texas Wine Revolution

Analysis

Texas Wine Revolution is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Wine Revolution reported income of $163k and spending of $26k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $163k (+3.9%), an average of +3.9% a year. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Wine Revolution 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 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include The Table Project ($163k), Little Tree Farm and Retreat ($163k) and World Link Partners Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $6,500 (25% of expenses). Other salaries and wages came to $11k. At year end it held assets of $234k against liabilities of $0, net assets of $234k.