Zan Wesley Holmes Jr Community Outreach Center

Analysis

Zan Wesley Holmes Jr Community Outreach Center is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2003, 23 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 2022, Zan Wesley Holmes Jr Community Outreach Center reported income of $330k and spending of $376k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $216k to $330k (+52%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zan Wesley Holmes Jr Community Outreach Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Exchange Club Fair of Southwest Georgia Inc ($330k), Urban Learning and Teaching Center ($330k) and Kwek Society Corp ($330k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $100k (27% of expenses). Other salaries and wages came to $131k. At year end it held assets of $145k against liabilities of $19k, net assets of $126k. It reported 5 employees.