Well Community Youth Center of Waco Inc

Analysis

Well Community Youth Center of Waco Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Well Community Youth Center of Waco Inc reported income of $397k and spending of $415k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $397k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Well Community Youth Center of Waco Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Southlake Baseball Association Inc ($397k), Youth Business Initiative ($398k) and Camp Leslie Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $69k against liabilities of $2,245, net assets of $67k. It reported 23 employees.