Concho Valley Home for Girls Inc

Analysis

Concho Valley Home for Girls Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, Concho Valley Home for Girls Inc reported income of $523k and spending of $561k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $607k to $523k (-14%), an average of -4.9% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concho Valley Home for Girls Inc 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 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Circusense ($523k), Wfca Radio Inc ($523k) and Reach Out Honduras Inc ($523k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 54% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $55k (9.9% of expenses). Other salaries and wages came to $201k. At year end it held assets of $927k against liabilities of $11k, net assets of $917k. It reported 10 employees.