Port of Texas City Security Councilinc

Analysis

Port of Texas City Security Councilinc is a registered charity in United States, based in Texas City, TX. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Port of Texas City Security Councilinc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+8.7%), an average of +2.1% a year. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Port of Texas City Security Councilinc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Bold Hope Inc ($1.7m), Junior Achievement International China Inc ($1.7m) and Bulamu International ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Other salaries and wages came to $173k. At year end it held assets of $2.1m against liabilities of $88k, net assets of $2.0m. It reported 2 employees.