SW Texas Housing Service Res Inc

Analysis

SW Texas Housing Service Res Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in November 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, SW Texas Housing Service Res Inc reported income of $2.3m and spending of $141k, leaving 94% of income unspent that year. Across the 4 years on record, from December 2018 to December 2023, income grew from $60k to $2.3m (+3725%), an average of +237% a year. The sharpest change came in the year to December 2021, when income rose by 21397%. Over the whole period it spent 2.6% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SW Texas Housing Service Res Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Christian Church Facilities for the Aging Inc ($2.3m), Mid-Peninsula Seven Trees Inc ($2.3m) and Lower East Side Peoples Mutual Housing Association Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Other salaries and wages came to $113k. At year end it held assets of $18.8m against liabilities of $57k, net assets of $18.7m.