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Filing year 2023

WACO FOUNDATION

Waco, Texas·EIN 74-6054628·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8.6M
Total assets
$142.3M
Total expenses
$7.2M
Reported officers
15
Mission

THE MISSION OF WACO FOUNDATION IS TO PROMOTE SOLUTIONS TO COMMUNITY CHALLENGES, STRENGTHEN LOCAL NONPROFITS, ENGAGE PHILANTHROPISTS AND MANAGE CHARITABLE ASSETS IN ORDER TO IMPROVE QUALITY OF LIFE IN MCLENNAN COUNTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Executive Director
75th to 90th percentile
$241k
$263k
Base
$213k
Bonus
Other
Benefits
$6k
Director of Finance (apr-aug)
25th percentile to median
$58k
$63k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WACO FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 9%
from 2022

From $221k in 2022 to $241k in 2023.

$221k
2022
$241k
2023
In today's dollarsEst.
Up 4% in real terms$253k to $263k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 9% from 2022 to 2023, while revenue fell 27%.

$221k in 2022 to $241k in 2023.
  • Chief Financial Officer pay fell 22% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WACO FOUNDATION

What does the Chief Executive Officer of WACO FOUNDATION earn?

In 2023, the Chief Executive Officer of WACO FOUNDATION received $240,761 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WACO FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Chief Executive Officer at WACO FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at WACO FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WACO FOUNDATION's revenue and expenses?

In 2023, WACO FOUNDATION reported $8.6M in total revenue and $7.2M in total expenses on its IRS Form 990.

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