Westcare Texas Inc

Analysis

Westcare Texas Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2023, Westcare Texas Inc reported income of $2.5m and spending of $2.7m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $903k to $2.5m (+181%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westcare Texas Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include Victim Services Inc ($2.5m), Fauntleroy Community Service Agency ($2.5m) and Tennessee Disability Coalition ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $481k. At year end it held assets of $8.8m against liabilities of $9.4m, net assets of -$572k. It reported 15 employees.