Del Rio Rotary Housing

Analysis

Del Rio Rotary Housing is a registered charity in United States, based in Del Rio, TX. It received its IRS tax-exemption ruling in October 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 June 2024, Del Rio Rotary Housing reported income of $163k and spending of $199k, spending 122% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $166k to $163k (-1.7%), an average of -0.3% a year. The sharpest change came in the year to June 2020, when income rose by 88%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Del Rio Rotary Housing sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Salina Elderly Housing Inc ($163k), Allen Neighborhood Center Support Corp ($163k) and Stamford Affordable Homes Inc ($163k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.3m against liabilities of $1.9m, net assets of -$569k.

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.