CSCharityScored
82

Wharton Economic Development Corp

Community Development · Wharton, Texas

1944 N Fulton St, Wharton, TX 77488-2845

EIN: 760573917· Founded: Nov 2001· 25 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$1.0M

Total Assets

$1.8M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$97K

9.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$56K

Total Payroll

$153K

15% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 15%
Other overhead: 3%
Program Revenue$1.0M (95%)
Total Expenses$1.0M (98%)
Payroll$153K (15%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$97K total officer comp (9.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.