Childrens Bereavement Center of the Rio Grande Valley Inc
Analysis
Childrens Bereavement Center of the Rio Grande Valley Inc is a registered charity in United States, based in Harlingen, TX. It received its IRS tax-exemption ruling in July 2020, 6 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, Childrens Bereavement Center of the Rio Grande Valley Inc reported income of $1.0m and spending of $831k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $942k to $1.0m (+9.5%), an average of +9.5% a year. 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, Childrens Bereavement Center of the Rio Grande Valley Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Wayside Food Programs ($1.0m), Henry County Senior Citizens Inc ($1.0m) and Womens Way ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $76k (9.1% of expenses). Other salaries and wages came to $391k. At year end it held assets of $729k against liabilities of $118k, net assets of $611k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wayside Food Programs | Portland | $1.0m |
| Henry County Senior Citizens Inc | Kewanee | $1.0m |
| Womens Way | Philadelphia | $1.0m |
| Key to Life | Weston | $1.0m |