Howard County Resource Center

Analysis

Howard County Resource Center is a registered charity in United States, based in Big Spring, TX. It received its IRS tax-exemption ruling in October 1985, 41 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 2022, Howard County Resource Center reported income of $98k and spending of $134k, spending 137% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $133k to $98k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Howard County Resource Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Common Place Inc ($98k), Faith in Action Inc ($98k) and Upshur County Shares ($98k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $217k against liabilities of $699, net assets of $217k. It reported 4 employees.