Community Services of Northeast Texas Inc

Analysis

Community Services of Northeast Texas Inc is a registered charity in United States, based in Linden, TX. It received its IRS tax-exemption ruling in September 1965, 61 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 September 2023, Community Services of Northeast Texas Inc reported income of $11.6m and spending of $11.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.9m to $11.6m (+68%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Services of Northeast Texas Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Harry Meyering Center Inc ($11.6m), Trumbull Community Action Program ($11.6m) and Richmond Residential Services Inc ($11.6m).

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 $71k (0.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $3.1m against liabilities of $840k, net assets of $2.3m. It reported 126 employees.