North Texas Parent and Child Development Inc

Analysis

North Texas Parent and Child Development Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in November 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, North Texas Parent and Child Development Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.3m to $1.6m (+28%), an average of +6.5% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Texas Parent and Child Development Inc sits at the 83rd percentile: it is larger than about 83% 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 Unicorn Garden Inc ($1.6m), George Link Jr Apts for Senior CTZNS Housng Devlp FND Company Inc ($1.6m) and Oak Ridge Electrical Trades Apprenticeship Training Fund ($1.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (4.5% of expenses). At year end it held assets of $810k against liabilities of $72k, net assets of $738k. It reported 39 employees.