Greater Ideal Family Life Center

Analysis

Greater Ideal Family Life Center is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in September 2003, 23 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, Greater Ideal Family Life Center reported income of $660k and spending of $398k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $660k (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Ideal Family Life Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Hooks-Dimmick Child Care Group Inc ($660k), Presbyterian Counseling Center of Greensboro ($661k) and Wit Network Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $95k (24% of expenses). Other salaries and wages came to $47k. At year end it held assets of $456k against liabilities of $12k, net assets of $444k. It reported 2 employees.