Care Net Pregnancy Center of Central Texas

Analysis

Care Net Pregnancy Center of Central Texas is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Care Net Pregnancy Center of Central Texas reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Net Pregnancy Center of Central Texas sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Valley Hope Association Foundation ($2.3m), Washtenaw Health Plan Corporation ($2.3m) and Help for Brain Injured Children Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 58% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.0m against liabilities of $53k, net assets of $6.9m. It reported 42 employees.