Waxahachie C a R E Services

Analysis

Waxahachie C a R E Services is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in November 1993, 33 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, Waxahachie C a R E Services reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $1.3m (+339%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 376%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waxahachie C a R E Services sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Martin Luther King Jr Child Care Center ($1.3m), Refugee Empowerment Program ($1.3m) and The@hub Resource Center Inc Christian Brothers Charity Hub Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $163k. At year end it held assets of $890k against liabilities of $4,434, net assets of $885k. It reported 9 employees.