Family Shelter of McCulloch County

Analysis

Family Shelter of McCulloch County is a registered charity in United States, based in Brady, TX. It received its IRS tax-exemption ruling in November 2000, 26 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 2022, Family Shelter of McCulloch County reported income of $457k and spending of $430k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $390k to $457k (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Shelter of McCulloch County sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Canon City Golden Age Council Inc ($457k), Ruths Refuge Inc ($457k) and Gathering Place of Milton Inc ($457k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $90k (21% of expenses). At year end it held assets of $352k against liabilities of $41k, net assets of $311k. It reported 7 employees.