His Centre
Analysis
His Centre is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, His Centre reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.3m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 78% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, His Centre 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 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Greenwood House Hospice Services Inc ($2.3m), Bee Busy Learning Academy Inc ($2.3m) and Midland Childrens Rehabilitation Center Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $155k (9.0% of expenses). Other salaries and wages came to $314k. At year end it held assets of $5.2m against liabilities of $2.3m, net assets of $2.9m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 75%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greenwood House Hospice Services Inc | Ewing Township | $2.3m |
| Bee Busy Learning Academy Inc | Houston | $2.3m |
| Midland Childrens Rehabilitation Center Inc | Midland | $2.3m |
| Shepherds Hope Inc | Winter Garden | $2.3m |