Presbyterian Night Shelter of Tarrant County

Analysis

Presbyterian Night Shelter of Tarrant County is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Presbyterian Night Shelter of Tarrant County reported income of $32.9m and spending of $19.7m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.0m to $32.9m (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presbyterian Night Shelter of Tarrant County sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Arc Ocean County Chapter ($32.9m), Christian Relief Services Charities Inc ($32.9m) and Washington & Jane Smith Community- Orland Park ($32.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $609k (3.1% of expenses). Other salaries and wages came to $9.5m. It paid $117k in professional fundraising fees. At year end it held assets of $44.0m against liabilities of $5.8m, net assets of $38.2m. It reported 789 employees.