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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
Revenue & Stability
$1.1M annual revenue
Executive Compensation
$97K total officer comp (9.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.8M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.