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Texas Workforce Centers of the

RegisteredEIN 74-2367807Marble Falls, TXReligion
Income$603k2023-09
Spending$609ksame year
Spent / received99%3-year average
Size in its cause86th pctReligion
Exempt since1985Publicly supported organisat
Employees9latest return

Analysis

Texas Workforce Centers of the is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Texas Workforce Centers of the reported income of $603k and spending of $609k, spending 101% of its income. Across the 3 years on record, from June 2022 to September 2023, income grew from $132k to $603k (+355%), an average of +113% a year. The sharpest change came in the year to September 2023, when income rose by 7904%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Texas Workforce Centers of the sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Fullness in Christ Ministries ($603k), Iqra Institute ($603k) and Ecumenical Faith in Action Inc ($602k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $382k. At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 9 employees.

Income and spending

$0$152k$304k$456k$609k2022 Income: $132,2852022 Spending: $98,69320222022 Income: $7,5282022 Spending: $24,35620222023 Income: $602,5402023 Spending: $608,6132023
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Program services 82%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Fullness in Christ MinistriesFort Worth$603k
Iqra InstituteNorristown$603k
Ecumenical Faith in Action IncAbingdon$602k
Silicon Valley GurdwaraSanta Clara$603k