Faith In Texas - Pico is a 501(c)(3) organization based in Dallas, Texas, registered in 2015, with $56,823 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$57K
▲ 32.0% vs prior year
Religion median: $139K
Expenses (FY2024)
$449K
Net assets
$84K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Faith In Texas - Pico— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Faith In Texas - Pico: 2 mo reserves · -689% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Faith In Texas - Pico— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Faith In Texas - Pico: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.1M (FY2016) to $57K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-689.3%
Spent more than it raised in the latest fiscal year.
Total assets
$84K
Total liabilities
$0
Net assets
$84K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,823▲32.0% | $448,527▼31.9% | $84,401▼82.3% | $84,401▼82.3% | 990EZ |
| 2023 | $43,050▼90.7% | $658,648▲2.6% | $476,105▼56.4% | $476,105▼56.4% | 990EZ |
| 2022 | $463,495▼58.9% | $642,053▼41.6% | $1,091,703▲7.0% | $1,091,703▲7.0% | 990 |
| 2021 | $1,127,319▼32.5% | $1,098,486▼11.9% | $1,020,752▲2.2% | $1,020,752▼11.9% | 990 |
| 2020 | $1,669,593▲53.9% | $1,246,254▲18.6% | $998,731▲73.6% | $1,158,131▲101% | 990 |
| 2019 | $1,084,654▼15.8% | $1,050,707▼37.2% | $575,392▲6.3% | $575,392▲6.3% | 990 |
| 2018 | $1,288,396▲9.9% | $1,672,156▲57.4% | $541,445▼41.8% | $541,445▼42.6% | 990 |
| 2017 | $1,172,373▲6.6% | $1,062,030▲221% | $931,026▲13.4% | $943,388▲14.5% | 990 |
| 2016 | $1,099,954 | $330,935 | $820,683 | $824,013 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
29 grants to Faith In Texas - Pico totaling $2.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amalgamated Charitable Foundation Inc | General operating support | 2023 | $20,750 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $6,420 |
| Tides Center | Equity, human rights, and economic empowerment | 2021 | $20,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2021 | $14,643 |
| Actblue Charities Inc | General assistance | 2021 | $13,012 |
| Common Counsel Foundation | General operating support | 2021 | $10,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $38,939 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $38,939 |
| Neo Philanthropy Inc | Program grant | 2020 | $35,000 |
| Entertainment Industry Foundation | General program | 2020 | $25,000 |
| Tides Center | Equality, human rights, and economic empowerment | 2020 | $22,500 |
| Tides Foundation | Healthy individuals and communities | 2020 | $15,000 |
| American Online Giving Foundation Inc | General support | 2020 | $14,717 |
| American Online Giving Foundation Inc | General support | 2020 | $14,717 |
| Network For Good Inc | Unrestricted | 2020 | $7,389 |
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Data for Faith In Texas - Pico (EIN 47-3005234) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.