Panhandle Crisis Center Inc

Analysis

Panhandle Crisis Center Inc is a registered charity in United States, based in Perryton, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 August 2023, Panhandle Crisis Center Inc reported income of $1.2m and spending of $949k, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $850k to $1.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Panhandle Crisis 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 82nd percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Small Business Access Partners Inc ($1.2m), Newtowne School Incorporated ($1.2m) and San Diego Historical Society ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $68k (7.2% of expenses). Other salaries and wages came to $491k. At year end it held assets of $1.9m against liabilities of $3,999, net assets of $1.9m. It reported 27 employees.