Texas Community Builders

Analysis

Texas Community Builders is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2024, Texas Community Builders reported income of $569k and spending of $628k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $564k to $569k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 345%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Texas Community Builders sits at the 61st 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 He Ala Hou O Ke Ola Inc ($569k), Rcil-Rochester Barrier Free Housing Corporation ($569k) and Advantage Housing Inc ($568k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.0% and program service revenue 93% of the total. Other salaries and wages came to $42k. At year end it held assets of $9.9m against liabilities of $2.8m, net assets of $7.1m.