Power Inc Family & Children Services

Analysis

Power Inc Family & Children Services is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2020, Power Inc Family & Children Services reported income of $430k and spending of $442k, spending 103% of its income. Across the 3 years on record, from December 2018 to December 2020, income fell from $518k to $430k (-17%), an average of -8.9% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Power Inc Family & Children Services sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Windham Cooperative Kindergarten Inc ($430k), Angel Creek Preschool Inc ($430k) and Jackson State University National Alumni Association Inc ($430k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $166k. At year end it held assets of $45k against liabilities of $0, net assets of $45k. It reported 14 employees.