Runningwater Draw Care Center Inc

Analysis

Runningwater Draw Care Center Inc is a registered charity in United States, based in Olton, TX. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Runningwater Draw Care Center Inc reported income of $5.4m and spending of $4.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.4m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Runningwater Draw Care Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Child Development Institute ($5.4m), Safe Place and Rape Crisis Center Inc ($5.4m) and Mattie Rhodes Center ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 70% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $4.8m against liabilities of $104k, net assets of $4.7m. It reported 143 employees.