Village at Hickory Glen Apartment Homes Inc

Analysis

Village at Hickory Glen Apartment Homes Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 2023, Village at Hickory Glen Apartment Homes Inc reported income of $158k and spending of $229k, spending 145% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $157k to $158k (+0.5%), an average of +0.1% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Village at Hickory Glen Apartment Homes Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include West Central Mountains Housing Trust Inc ($158k), Community Alliance Housing Corporation IV ($158k) and LMHC Properties Inc ($158k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $2.3m against liabilities of $892k, net assets of $1.4m. It reported 1 employees.

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.