Azle Caring Center

Analysis

Azle Caring Center is a registered charity in United States, based in Azle, TX. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Azle Caring Center reported income of $1.5m and spending of $1.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $1.5m (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Azle Caring Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Rogers Pierce Childrens Center Inc ($1.5m), Ride with US Inc ($1.5m) and Hope in Lancaster Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $212k. It paid $70k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $4,422, net assets of $2.0m. It reported 9 employees.