Disciples Housing of Odessa Texas II Inc
Analysis
Disciples Housing of Odessa Texas II Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in October 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 September 2024, Disciples Housing of Odessa Texas II Inc reported income of $248k and spending of $334k, spending 134% of what it took in. Across the 5 years on record, from September 2020 to September 2024, income grew from $195k to $248k (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2023, when income rose by 44%. Over the whole period it spent 129% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Disciples Housing of Odessa Texas II Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include 228 E46 Housing Development Fund Corporation ($248k), Hobson City Apartments LLC ($248k) and Larche Long Island Inc ($248k).
On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $2.1m against liabilities of $162k, net assets of $1.9m.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 228 E46 Housing Development Fund Corporation | New York | $248k |
| Hobson City Apartments LLC | Anniston | $248k |
| Larche Long Island Inc | New York | $248k |
| McGee Plaza Housing Development Fund Corporation | Bronx | $248k |