H O a Incorporated of Austin County

Analysis

H O a Incorporated of Austin County is a registered charity in United States, based in Sealy, TX. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 September 2023, H O a Incorporated of Austin County reported income of $316k and spending of $292k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $194k to $316k (+63%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H O a Incorporated of Austin County 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 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Roughrider Scholarship Foundation ($316k), Hawaii Potters Guild ($316k) and Blackshear Neighborhood Development Corporation ($316k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $24k (8.4% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.0m against liabilities of $19k, net assets of $1.0m. It reported 5 employees.