Southwest Family Life Centers Inc
Analysis
Southwest Family Life Centers Inc is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Southwest Family Life Centers Inc reported income of $383k and spending of $383k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $383k (+8.8%), an average of +2.1% a year. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Family Life Centers Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Park River Volunteer Ambulance Service Inc ($383k), The Timothy Foundation ($383k) and The Pinnacle Volunteer Fire and Rescue Department Inc ($383k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $291k. At year end it held assets of $17k against liabilities of $78, net assets of $17k. It reported 11 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.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Park River Volunteer Ambulance Service Inc | Park River | $383k |
| The Timothy Foundation | Poplar Bluff | $383k |
| The Pinnacle Volunteer Fire and Rescue Department Inc | Pinnacle | $383k |
| Summerfield Recreation Association Inc | Summerfield | $383k |