Family Life Center of New Braunfels

Analysis

Family Life Center of New Braunfels is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in March 2009, 17 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, Family Life Center of New Braunfels reported income of $560k and spending of $553k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $560k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Life Center of New Braunfels sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Sadananda Inc ($560k), Project Grows ($560k) and Multi-Ethnic Youth Group Association Inc ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (26% of expenses). Other salaries and wages came to $117k. At year end it held assets of $110k against liabilities of $7,591, net assets of $103k. It reported 7 employees.