Texhoma Christian Care Center Inc

Analysis

Texhoma Christian Care Center Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in July 1976, 50 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, Texhoma Christian Care Center Inc reported income of $8.5m and spending of $10.7m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.9m to $8.5m (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texhoma Christian Care Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Silver Key Senior Services ($8.5m), Ethiopian Tewahedo Social Services ($8.5m) and Grace Klein Community Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $259k (2.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $26.7m against liabilities of $2.4m, net assets of $24.3m. It reported 300 employees.