Greater East Texas Community Action Program

Analysis

Greater East Texas Community Action Program is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in June 1974, 52 years ago. 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 November 2023, Greater East Texas Community Action Program reported income of $26.6m and spending of $26.3m, spending 99% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $16.8m to $26.6m (+58%), an average of +12% a year. The sharpest change came in the year to November 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater East Texas Community Action Program sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Folium Inc ($26.6m), Saint Josephs Mercy Care Services Inc ($26.6m) and Caribou Medical Center Inc ($26.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $280k (1.1% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $5.9m against liabilities of $4.6m, net assets of $1.2m. It reported 248 employees.