Comfort Golden Age Center Foundation

Analysis

Comfort Golden Age Center Foundation is a registered charity in United States, based in Comfort, TX. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Comfort Golden Age Center Foundation reported income of $233k and spending of $122k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $233k (+29%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Comfort Golden Age Center Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Santas Elves ($233k), Prairie Rose Agricultural Institute for Research Innovation and Edu ($233k) and Canoochee Emc Foundation Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $51k. At year end it held assets of $465k against liabilities of $0, net assets of $465k. It reported 4 employees.