S L E W Inc Support Lending for Emotional Well-Being

Analysis

S L E W Inc Support Lending for Emotional Well-Being is a registered charity in United States, based in San Antonio, 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 2023, S L E W Inc Support Lending for Emotional Well-Being reported income of $612k and spending of $646k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $612k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, S L E W Inc Support Lending for Emotional Well-Being sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Ladies of Charity Calvert County Inc ($612k), Hopewell Food Pantry ($612k) and Milwaukee Bucks Foundation Inc ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $441k. At year end it held assets of $219k against liabilities of $31k, net assets of $188k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.