Virginias House a Family Resource Center Inc

Analysis

Virginias House a Family Resource Center Inc is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in September 1992, 34 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 August 2023, Virginias House a Family Resource Center Inc reported income of $736k and spending of $682k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $446k to $736k (+65%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 58%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginias House a Family Resource Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Father Kens Vineyard Inc ($736k), Clark-Floyd System of Care and Prevent Child Abuse ($736k) and Promise Landing Farm Inc ($736k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $309k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 13 employees.