Wesley Community Center

Analysis

Wesley Community Center is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1953, 73 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 reported income of $1.1m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wesley Community Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Nicholas Cardell Day Care Center Inc ($1.1m), Good Neighbors Inc ($1.1m) and Diamonds and Pearls Residential Care Homes Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $102k (8.6% of expenses). Other salaries and wages came to $584k. At year end it held assets of $2.8m against liabilities of $27k, net assets of $2.7m. It reported 39 employees.