Robstown Housing Facility Corporation

Analysis

Robstown Housing Facility Corporation is a registered charity in United States, based in Robstown, TX. It received its IRS tax-exemption ruling in May 2000, 26 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 March 2024, Robstown Housing Facility Corporation reported income of $65k and spending of $38k, leaving 42% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $61k to $65k (+5.7%), an average of +5.7% a year. Over the whole period it spent 63% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Robstown Housing Facility Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Thomas Housing Development Corporation ($64k), YWCA of Kalamazoo Non Profit Housing Corporation ($65k) and Visatation Conference St Vincent Depaul Society ($64k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2,309 (6.1% of expenses). Other salaries and wages came to $3,614. At year end it held assets of $506k against liabilities of $4,272, net assets of $501k.