West Texas Hero Homes Inc

Analysis

West Texas Hero Homes Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in May 2011, 15 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 2022, West Texas Hero Homes Inc reported income of $331k and spending of $33k, leaving 90% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $220k to $331k (+51%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Texas Hero Homes Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Choice Housing ($331k), Oklahoma Christian Apartments Inc ($332k) and Pennsylvania Home Lending Collaborative Inc ($331k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% of the total. At year end it held assets of $815k against liabilities of $0, net assets of $815k.