Assistance Center of Collin County Inc

Analysis

Assistance Center of Collin County Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 1978, 48 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 December 2023, Assistance Center of Collin County Inc reported income of $836k and spending of $806k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $490k to $836k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 254%. 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, Assistance Center of Collin County Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Reading and Education for Adult Development Inc ($836k), Habitat for Humanity International Inc ($836k) and Kids Connection Inc ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (3.5% of expenses). Other salaries and wages came to $105k. At year end it held assets of $472k against liabilities of $1,168, net assets of $471k. It reported 5 employees.