Texas Rural Funders
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,275,314 | 1,056,268 | 219,046 | 9.2 | 13% |
| 2022 | 511,710 | 606,618 | −94,908 | 7.0 | 31% |
| 2023 | 973,485 | 391,535 | 581,950 | 28.7 | 61% |
In its most recent public year (2023), this organization brought in $581,950 more than it spent. Its reserves stood at about 28.7 months of spending, up from 9.2 in 2021. Staff pay was 61% of spending. $648,458 of its net assets are donor-restricted.
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
Texas Rural Funders's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works