Assisting Texas with Housing Inc

Analysis

Assisting Texas with Housing Inc is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in January 1981, 45 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 2023, Assisting Texas with Housing Inc reported income of $5.0m and spending of $4.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.2m to $5.0m (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Assisting Texas with Housing Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Humble Homes Foster Family Agency Inc ($5.0m), Neighborhood Partnership Housing Services Inc ($5.0m) and Madison Park Development Corporation ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $985k. At year end it held assets of $21.2m against liabilities of $10.1m, net assets of $11.1m.