Southeast Texas Family Resource Center Inc

Analysis

Southeast Texas Family Resource Center Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in August 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 May 2023, Southeast Texas Family Resource Center Inc reported income of $901k and spending of $533k, leaving 41% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $425k to $901k (+112%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 44%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Texas Family Resource Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Mercer County Family Support Organization ($901k), Advocates for Community Choice ($901k) and Grateful Americans Charity ($900k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $217k. At year end it held assets of $1.6m against liabilities of $11k, net assets of $1.6m. It reported 20 employees.