Wesley Community Center Inc

Analysis

Wesley Community Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1971, 55 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, Wesley Community Center Inc reported income of $9.5m and spending of $7.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $9.5m (+132%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wesley Community Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Catholic Community Services of Lane County Inc ($9.5m), Wesley Community Center Inc ($9.5m) and Lutheran Child & Family Services of Indiana ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $296k (4.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $7.7m against liabilities of $298k, net assets of $7.4m. It reported 98 employees.