Lubbock Family Guidance Center Inc

Analysis

Lubbock Family Guidance Center Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in September 1983, 43 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 December 2023, Lubbock Family Guidance Center Inc reported income of $247k and spending of $204k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $247k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lubbock Family Guidance Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Durham P R O U D Program ($247k), West Philadelphia Cooperativepreschool ($247k) and Logan County Friendly Senior Center ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Other salaries and wages came to $103k. At year end it held assets of $584k against liabilities of $13k, net assets of $571k. It reported 5 employees.