Independent Housing Advocates Pecan Valley Inc

Analysis

Independent Housing Advocates Pecan Valley Inc is a registered charity in United States, based in San Antonio, 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Independent Housing Advocates Pecan Valley Inc reported income of $191k and spending of $294k, spending 153% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $157k to $191k (+22%), an average of +5.1% a year. The sharpest change came in the year to July 2022, when income rose by 50%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Housing Advocates Pecan Valley Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include JBF Projects ($191k), Capc Supportive Needs Housing Inc ($191k) and Transact Hope ($191k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $74k. At year end it held assets of $747k against liabilities of $1.1m, net assets of -$389k.