Temple Christian Outreach Inc

Analysis

Temple Christian Outreach Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in March 2005, 21 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, Temple Christian Outreach Inc reported income of $165k and spending of $234k, spending 142% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $227k to $165k (-27%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Temple Christian Outreach Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Kirkwood Kares Inc ($165k), Heartbeat International Ministries Inc ($165k) and Tri-County Emc Foundation Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $56k. At year end it held assets of $495k against liabilities of $1,487, net assets of $494k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.