Texas Valor Project

Analysis

Texas Valor Project is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Texas Valor Project reported income of $232k and spending of $151k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $232k (+240%), an average of +240% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Valor Project sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Your New Best Friend Dog Rescue Inc ($232k), Kept Inc ($232k) and Mightyvet ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $20k in professional fundraising fees. At year end it held assets of $94k against liabilities of $0, net assets of $94k.