Headwaters at Incarnate Word Inc

Analysis

Headwaters at Incarnate Word Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Headwaters at Incarnate Word Inc reported income of $308k and spending of $247k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $308k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 254%. Over the whole period it spent 50% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Headwaters at Incarnate Word Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Lifelink Career Resource Center Inc ($308k), Northwest Indiana Reinvestment Alliance ($309k) and Inheritance Adoptions ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $77k (31% of expenses). At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m. It reported 1 employees.