Amigos Del Valle Housing Development Corporation Inc

Analysis

Amigos Del Valle Housing Development Corporation Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 September 2023, Amigos Del Valle Housing Development Corporation Inc reported income of $445k and spending of $464k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $406k to $445k (+9.6%), an average of +2.3% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amigos Del Valle Housing Development Corporation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Holly Beach Public Library Association ($445k), B K S Iyengar Yoga Assn of No Cal ($445k) and Westfield Washington Education Development Foundation Inc ($445k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $101k. At year end it held assets of $917k against liabilities of $1.6m, net assets of -$710k. It reported 5 employees.