Shackelford County Community Resource Center

Analysis

Shackelford County Community Resource Center is a registered charity in United States, based in Albany, TX. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 November 2023, Shackelford County Community Resource Center reported income of $12.9m and spending of $12.5m, spending 97% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $11.6m to $12.9m (+12%), an average of +2.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shackelford County Community Resource Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Mercy Flight Central Inc ($12.9m), Meeting Professionals International ($12.9m) and Goodwill Industries of Southwestern Michigan Inc ($12.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $2.5m (20% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $12.7m against liabilities of $2.0m, net assets of $10.7m. It reported 244 employees.