Streetside Showers Inc

Analysis

Streetside Showers Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in January 2018, 8 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 2023, Streetside Showers Inc reported income of $686k and spending of $600k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $686k (+339%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 186%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Streetside Showers Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include The Catamount Institute ($686k), Mending the Sacred Hoop ($686k) and Childcare Matters Inc ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (13% of expenses). Other salaries and wages came to $177k. At year end it held assets of $323k against liabilities of $65k, net assets of $258k. It reported 10 employees.