Community Family Centers-Centros Familiares de LA Comunidad

Analysis

Community Family Centers-Centros Familiares de LA Comunidad is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1973, 53 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, Community Family Centers-Centros Familiares de LA Comunidad reported income of $4.0m and spending of $4.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.0m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Family Centers-Centros Familiares de LA Comunidad sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Webster Child Care Center at Laclede Groves ($4.0m), The Scandinavian Charitable Society of Greater Boston Inc ($4.0m) and New Life Center ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $6.7m against liabilities of $152k, net assets of $6.6m. It reported 44 employees.