T C U Wesley Foundation

Analysis

T C U Wesley Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2022, T C U Wesley Foundation reported income of $168k and spending of $136k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $138k to $168k (+22%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T C U Wesley Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include 410 Irish Den ($168k), Lifenet Community Behavioral Healthcare ($168k) and New England Classic Charity Bike Tour Inc ($168k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.