United Community Centers Inc

Analysis

United Community Centers Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 1971, 55 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 March 2023, United Community Centers Inc reported income of $3.5m and spending of $3.6m, spending 103% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.1m to $3.5m (+67%), an average of +14% a year. The sharpest change came in the year to March 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Community Centers Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Farm Rescue ($3.5m), Shalom Center of Interfaith Network of Kenosha County Inc ($3.5m) and Angelwood Inc ($3.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $141k (3.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.4m against liabilities of $490k, net assets of $7.9m. It reported 114 employees.