Parenting Resource Center of East Texas Inc

Analysis

Parenting Resource Center of East Texas Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in October 1997, 29 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, Parenting Resource Center of East Texas Inc reported income of $101k and spending of $96k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $101k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parenting Resource Center of East Texas Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Gaal House ($101k), Life Matters Outreach Inc ($101k) and Wayne Interfaith Network ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 20% of the total. At year end it held assets of $119k against liabilities of $9,975, net assets of $109k.