Contractors Safety Council of the Texas Mid-Coast Inc

Analysis

Contractors Safety Council of the Texas Mid-Coast Inc is a registered charity in United States, based in Port Lavaca, TX. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Contractors Safety Council of the Texas Mid-Coast Inc reported income of $1.6m and spending of $2.5m, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $1.6m (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Contractors Safety Council of the Texas Mid-Coast Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Christian Friends of Israeli Communities ($1.6m), Catholic Campus Ministries Inc ($1.6m) and Save the World Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $101k (4.1% of expenses). Other salaries and wages came to $941k. At year end it held assets of $2.4m against liabilities of $2.0m, net assets of $423k.