Generous Fort Worth named among most charitable places in Texas
A ray of hope during this difficult time was watching people donate to charity, be it giving money to causes they support or donating goods that were not cut during a quarantine deep clean.
But even before the pandemic, some counties in Texas showed their generosity. SmartAsset recently released its 2019 ranking of the top 10 most beneficial counties in Texas, and lavish Tarrant County has earned its place up – to # 4.
Neighboring Denton County came in 5th and Parker County came in 10th.
The finance website used two equally weighted factors to index the results. It looked at how many people donated as a percentage of their net income and how many people in a given county donated to charity.
To find the first number, they calculated the net income of all the people in each county (by looking at tax return data and taking into account the federal, state, and local taxes paid). They also took into account deductible entries such as mortgage interest, mortgage points, and mortgage insurance payments. Then they divided each county’s total donations by total net income to see how much the county’s residents donate relative to their income.
For the second factor, they took the total number of charity tax returns and divided it by the number of total tax returns for each county. This brought out the percentage of people in each county who donate to charity.
First place goes to Kendall County, north of San Antonio and home to Boerne. Though technically fourth in the donation index, its residents made up for it with a contribution rate of 67.7, the highest on the list.
Fort Bend County, home to neighbor Sugar Land in Houston, scored similar results to finish second. Medium donations were saved by the second highest contribution count of 66.4
Dallas-Fort Worth ranks the next three places, with Counties of Collin (home of Plano), Tarrant and Denton showing very different results.
Tarrant County is fairly evenly split, with 40.6 for donations and 46.4 for donors, but Collin and Denton provide lower donation values. At 25.1, Collin is the fourth lowest and Denton’s 24.6 is the penultimate.
Sixth overall is Gillespie, where you’ll find Fredericksburg, and seventh is Montgomery, home to Lake Conroe and The Woodlands. Brazoria County on the Gulf has the lowest donation index in the top 10 at 23.7, but ranks 8th with a contribution value of 55.1.
At number 9 comes Smith, east of DFW and the county seat of Tyler. The contribution index of 38.6 corresponds exactly to 38.9 for donations.
Parker County closes the list at number 10. The total number of points is 15 points below the most non-profit district on the list with a donation index of 24.8 and a contribution index of 52.7.