Debusk Enrichment Center of Texas

Analysis

Debusk Enrichment Center of Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Debusk Enrichment Center of Texas reported income of $724k and spending of $756k, spending 104% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $448k to $724k (+62%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Debusk Enrichment Center of Texas sits at the 82nd percentile: it is larger than about 82% 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 FC Forza Inc ($723k), Opt-In Kiana ($724k) and Santa Monica Bay Music Foundation ($722k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $180k (24% of expenses). Other salaries and wages came to $388k. At year end it held assets of $143k against liabilities of $857, net assets of $142k. It reported 117 employees.