North East Texas Benevolence Inc

Analysis

North East Texas Benevolence Inc is a registered charity in United States, based in Flint, TX. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, 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, North East Texas Benevolence Inc reported income of $131k and spending of $105k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $131k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North East Texas Benevolence Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Northeast Louisiana Community Development ($131k), West Deerfield Township Food Pantry ($131k) and We Care From the Heart Incorporation ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.