W C S D O Inc

Analysis

W C S D O Inc is a registered charity in United States, based in Harlingen, TX. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, W C S D O Inc reported income of $65k and spending of $78k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $65k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, W C S D O Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Boggs Rural Life Center Inc ($65k), Palestine Development Association ($65k) and Polk Training Center Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $18k against liabilities of $46, net assets of $18k.