Childrens Aid Society of West Texas

Analysis

Childrens Aid Society of West Texas is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in August 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Childrens Aid Society of West Texas reported income of $1.6m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to September 2020, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Aid Society of West Texas sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include St Philips Child Development Center ($1.6m), Foodshed Capital ($1.6m) and Hillcrest Childrens Center ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (8.7% of expenses). Other salaries and wages came to $891k. At year end it held assets of $522k against liabilities of $34k, net assets of $488k. It reported 57 employees.