Houston RHF Housing Inc

Analysis

Houston RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 1997, 29 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 January 2024, Houston RHF Housing Inc reported income of $757k and spending of $1.1m, spending 141% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $590k to $757k (+28%), an average of +6.4% a year. The sharpest change came in the year to January 2023, when income rose by 26%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Houston RHF Housing Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Bennington Coalition for the Homeless ($757k), Fountain West Apartments Inc ($758k) and Emergency Services and Homeless Coalition of St Johns County Incor ($757k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 63% and program service revenue 27% of the total. At year end it held assets of $2.8m against liabilities of $5.4m, net assets of -$2.6m.

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.