Taft Counseling Center Inc

Analysis

Taft Counseling Center Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Taft Counseling Center Inc reported income of $914k and spending of $945k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $748k to $914k (+22%), an average of +5.1% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Taft Counseling Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Grinnell Regional Medical Center Foundation ($914k), Sos Medical Inc ($914k) and Mayfield Education and Research Fund ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $64k (6.8% of expenses). Other salaries and wages came to $156k. At year end it held assets of $14k against liabilities of $1,053, net assets of $13k. It reported 12 employees.