Housingworks Austin

Analysis

Housingworks Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2007, 19 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, Housingworks Austin reported income of $568k and spending of $394k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $568k (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housingworks Austin sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Housing Opportunities Made Economical Inc ($567k), Linden House of Gary Inc ($568k) and Lutheran Housing Services Number 5incorporated ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $116k (29% of expenses). Other salaries and wages came to $105k. At year end it held assets of $317k against liabilities of $63k, net assets of $254k. It reported 4 employees.