Permian Basin Womens Resource Center the Life Center Foundation

Analysis

Permian Basin Womens Resource Center the Life Center Foundation is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in February 2010, 16 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, Permian Basin Womens Resource Center the Life Center Foundation reported income of $59k and spending of $12k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $59k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Permian Basin Womens Resource Center the Life Center Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Confederation of Somali Community in Minnesota ($59k), HSH Homeless Ministry Inc ($59k) and Educate Tomorrows Parents ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.