Counseling Institute of Texas

Analysis

Counseling Institute of Texas is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Counseling Institute of Texas reported income of $307k and spending of $310k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $307k (+15%), an average of +3.4% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Counseling Institute of Texas sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Marshall Hope Corporation ($307k), Adalyn Rose Foundation ($307k) and Court Appointed Special Advocatesof Polk & Haralson ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $66k (21% of expenses). Other salaries and wages came to $21k. At year end it held assets of $23k against liabilities of $11k, net assets of $12k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.