Hcha Redevelopment Authority Inc

Analysis

Hcha Redevelopment Authority Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2015, 11 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 March 2023, Hcha Redevelopment Authority Inc reported income of $571k and spending of $571k, spending 100% of its income. The sharpest change came in the year to March 2022, when income rose by 6663%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hcha Redevelopment Authority Inc sits at the 61st percentile: it is larger than about 61% 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 McPherson Housing Coalition Inc ($571k), League of Human Dignity Building Corporation ($571k) and Villa St Francis Corp ($571k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42.7m against liabilities of $36.6m, net assets of $6.1m.