Resource and Crisis Center of Galveston County

Analysis

Resource and Crisis Center of Galveston County is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in April 1985, 41 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 August 2023, Resource and Crisis Center of Galveston County reported income of $4.1m and spending of $4.6m, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $4.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to August 2020, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource and Crisis Center of Galveston County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Manitowoc-Two Rivers YMCA Inc ($4.1m), Teaching Family Homes of Upper Michigan ($4.1m) and Green Hills Community Action Agency ($4.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $96k (2.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $6.2m against liabilities of $536k, net assets of $5.7m. It reported 129 employees.