Family Services of Southeast Texas Inc

Analysis

Family Services of Southeast Texas Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in June 1962, 64 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, Family Services of Southeast Texas Inc reported income of $3.5m and spending of $2.7m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.5m (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Services of Southeast Texas Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Village of Progress Inc ($3.5m), Away We Go Transport ($3.5m) and Margaret Fuller-Neighborhood House Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $5.3m against liabilities of $603k, net assets of $4.7m. It reported 52 employees.