Parker County Center of Hope Inc

Analysis

Parker County Center of Hope Inc is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in January 1999, 27 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 June 2024, Parker County Center of Hope Inc reported income of $3.3m and spending of $2.9m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.6m to $3.3m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parker County Center of Hope Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Patriot Paws Service Dogs ($3.3m), Unique Care Community Services Inc ($3.3m) and Lutheran Social Services of Nevada ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 0.9% of the total. Other salaries and wages came to $806k. At year end it held assets of $7.3m against liabilities of $73k, net assets of $7.3m. It reported 35 employees.