Have Shears Will Travel

Analysis

Have Shears Will Travel is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Have Shears Will Travel reported income of $419k and spending of $311k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $233k to $419k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Have Shears Will Travel sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Montana Council on Developmental Disabilities ($419k), Bright Beginnings Childrens Center Inc ($419k) and Posey County Council on Aging Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. At year end it held assets of $196k against liabilities of $101, net assets of $196k.