Housing Alliance of Texas

Analysis

Housing Alliance of Texas is a registered charity in United States, based in Mercedes, TX. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Housing Alliance of Texas reported income of $174k and spending of $144k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $35k to $174k (+394%), an average of +122% a year. The sharpest change came in the year to December 2022, when income rose by 304%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Alliance of Texas sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Solid Rock Carpenters ($174k), Meadow Brook Apartments ($174k) and Blue River II Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.