Tomball Renewal Center Inc

Analysis

Tomball Renewal Center Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, Tomball Renewal Center Inc reported income of $777k and spending of $742k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $777k (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tomball Renewal Center Inc sits at the 71st percentile: it is larger than about 71% 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 Christophers Haven Inc ($777k), Ardsley Childrens Center Inc ($777k) and Texas Center for Local Food ($776k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $120k (16% of expenses). Other salaries and wages came to $234k. At year end it held assets of $844k against liabilities of $155k, net assets of $689k. It reported 11 employees.