Greater San Marcos Youth Council Inc DTD 08-01-89

Analysis

Greater San Marcos Youth Council Inc DTD 08-01-89 is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in September 1990, 36 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 August 2023, Greater San Marcos Youth Council Inc DTD 08-01-89 reported income of $1.8m and spending of $1.4m, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.8m (+47%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 52%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater San Marcos Youth Council Inc DTD 08-01-89 sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Glory Tabernacle Family Life Center Inc ($1.8m), Together for Good Inc ($1.8m) and Hand to Hold ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $81k (5.7% of expenses). Other salaries and wages came to $913k. At year end it held assets of $2.0m against liabilities of $35k, net assets of $1.9m. It reported 44 employees.