Texas Institute For Federal Taxes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 198,157 | 178,983 | 19,174 | 1.3 | — |
| 2014 | 301,336 | 278,494 | 22,842 | 1.8 | 0% |
| 2015 | 226,071 | 187,919 | 38,152 | 5.1 | 0% |
| 2016 | 258,707 | 256,308 | 2,399 | 3.9 | 0% |
| 2017 | 273,546 | 295,967 | −22,421 | 2.4 | 0% |
| 2018 | 262,020 | 270,783 | −8,763 | 2.3 | 0% |
| 2019 | 351,985 | 303,042 | 48,943 | 4.0 | 0% |
| 2020 | 32,100 | 37,043 | −4,943 | 30.9 | 0% |
| 2021 | 227,266 | 107,678 | 119,588 | 24.0 | 0% |
| 2022 | 331,150 | 343,700 | −12,550 | 7.1 | 0% |
| 2023 | 371,300 | 346,729 | 24,571 | 7.9 | 0% |
In its most recent public year (2023), this organization brought in $24,571 more than it spent. Its reserves stood at about 7.9 months of spending, up from 1.3 in 2013. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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