Texas Low Income Housing Information Service

Analysis

Texas Low Income Housing Information Service is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Low Income Housing Information Service reported income of $261k and spending of $1.1m, spending 431% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $261k (-88%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Texas Low Income Housing Information Service sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Royal Pavilions of Creedmoor Inc ($261k), Fulton Gardens II Corporation ($261k) and Koinonia Homes Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $70k (6.2% of expenses). Other salaries and wages came to $625k. At year end it held assets of $3.9m against liabilities of $31k, net assets of $3.9m. It reported 17 employees.