Lone Star Families Foundation

Analysis

Lone Star Families Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Lone Star Families Foundation reported income of $426k and spending of $89k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $426k (+1605%), an average of +1605% a year. The sharpest change came in the year to December 2023, when income rose by 1605%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lone Star Families Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Federal Communications Bar Association Foundation ($426k), Boerne Public School Foundation ($426k) and Door Cancer Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.