Shelter Agencies for Families in East Texas Inc

Analysis

Shelter Agencies for Families in East Texas Inc is a registered charity in United States, based in Mt Pleasant, TX. It received its IRS tax-exemption ruling in April 1996, 30 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, Shelter Agencies for Families in East Texas Inc reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.7m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter Agencies for Families in East Texas Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Dasvandh Network ($1.7m), Community Day Care Center Inc ($1.7m) and New Era Ffa ($1.7m).

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 $98k (6.1% of expenses). Other salaries and wages came to $832k. At year end it held assets of $1.2m against liabilities of $97k, net assets of $1.1m. It reported 43 employees.