Cen-Tex Family Services Inc

Analysis

Cen-Tex Family Services Inc is a registered charity in United States, based in Bastrop, TX. It received its IRS tax-exemption ruling in March 1992, 34 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 January 2023, Cen-Tex Family Services Inc reported income of $6.3m and spending of $7.2m, spending 114% of what it took in. Across the 4 years on record, from January 2020 to January 2023, income grew from $6.2m to $6.3m (+1.8%), an average of +0.6% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cen-Tex Family Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include St Vincent de Paul Society ($6.3m), Collaboration Center Foundation ($6.3m) and Atlantic City Rescue Mission Inc ($6.3m).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (1.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $2.5m against liabilities of $941k, net assets of $1.6m. It reported 168 employees.