South Texas Housing and Community Development Corp

Analysis

South Texas Housing and Community Development Corp is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1994, 32 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 September 2023, South Texas Housing and Community Development Corp reported income of $653k and spending of $1.2m, spending 188% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $653k (-65%), an average of -23% a year. The sharpest change came in the year to September 2021, when income dropped by 36%. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Texas Housing and Community Development Corp sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Ramrod Senior Housing Inc ($652k), Luther Village I of Dover Inc ($653k) and Ahepa Dop 54 Inc ($652k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $355k. At year end it held assets of $1.2m against liabilities of $136k, net assets of $1.0m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.