Texas New Community Alliance

Analysis

Texas New Community Alliance is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in December 2005, 21 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, Texas New Community Alliance reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas New Community Alliance sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include New Politics Leadership Academy Inc ($2.6m), The Matthews House ($2.6m) and Him Food Bank Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 24% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $1.6m, net assets of $3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.