East Texas Orphan Care Network Inc

Analysis

East Texas Orphan Care Network Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in December 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, East Texas Orphan Care Network Inc reported income of $794k and spending of $584k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $794k (+232%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Texas Orphan Care Network Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include The Society for the Enrichment and Empowerment of the Deprived Group ($794k), Living Hope for Children ($794k) and Liberty County Childrens Home Inc ($794k).

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 $119k (20% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.3m against liabilities of $315k, net assets of $974k. It reported 8 employees.