John Knox Villages of the Lower Rio Grande Valley Inc

Analysis

John Knox Villages of the Lower Rio Grande Valley Inc is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, John Knox Villages of the Lower Rio Grande Valley Inc reported income of $7.1m and spending of $7.3m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.9m to $7.1m (-10%), an average of -3.5% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, John Knox Villages of the Lower Rio Grande Valley Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Humanitarian and Development Foundation for Myanmar ($7.1m), Communities in Schools of Atlanta Inc ($7.1m) and Kenosha Achievement Center Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $464k (6.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $20.1m against liabilities of $11.6m, net assets of $8.4m. It reported 149 employees.