Upper Valley Helpsource Inc

Analysis

Upper Valley Helpsource Inc is a registered charity in United States, based in Alice, TX. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Upper Valley Helpsource Inc reported income of $733k and spending of $713k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $416k to $733k (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Upper Valley Helpsource Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Northside Association for Community Development ($733k), Six Rivers Dispute Resolution Center ($733k) and Ezekiel Community Development Corporation ($733k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $272k, net assets of -$232k. It reported 23 employees.