Cen-Tex Alcoholic Rehabilitation Center Inc

Analysis

Cen-Tex Alcoholic Rehabilitation Center Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in December 1970, 56 years ago. 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 August 2023, Cen-Tex Alcoholic Rehabilitation Center Inc reported income of $487k and spending of $886k, spending 182% of what it took in. Across the 6 years on record, from December 2018 to August 2023, income fell from $1.4m to $487k (-66%), an average of -19% a year. The sharpest change came in the year to August 2023, when income dropped by 55%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cen-Tex Alcoholic Rehabilitation Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Colegio Biblico ($487k), South Sacramento Interfaith Partnership ($487k) and Living Voices ($487k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $87k (9.8% of expenses). Other salaries and wages came to $471k. At year end it held assets of $1.7m against liabilities of $102k, net assets of $1.6m. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.