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What About Remembering Me Center Inc

RegisteredEIN 75-2220859Fort Worth, TXPoverty relief
Income$1.9m2023-12
Spending$1.7msame year
Spent / received88%5-year average
Size in its cause83rd pctPoverty relief
Exempt since1988Publicly supported organisat
Employees18latest return

Analysis

What About Remembering Me Center Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1988, 38 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 2023, What About Remembering Me Center Inc reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, What About Remembering Me Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Rehaciendo Comunidades Con Esparanza Inc ($1.9m), Meals on Wheels of Boulder Inc ($1.9m) and Operation Pathways Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $300k (17% of expenses). Other salaries and wages came to $634k. At year end it held assets of $3.9m against liabilities of $45k, net assets of $3.9m. It reported 18 employees.

Income and spending

$0$481k$961k$1.4m$1.9m2019 Income: $1,324,9292019 Spending: $1,150,79820192020 Income: $1,199,6682020 Spending: $1,106,26220202021 Income: $1,753,2972021 Spending: $1,311,82420212022 Income: $1,431,3712022 Spending: $1,417,45020222023 Income: $1,922,9272023 Spending: $1,724,2042023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Rehaciendo Comunidades Con Esparanza IncSan Juan$1.9m
Meals on Wheels of Boulder IncBoulder$1.9m
Operation Pathways IncWashington$1.9m
Foundation of Hope IncPittsburgh$1.9m