Central Texas Hospitality House

Analysis

Central Texas Hospitality House is a registered charity in United States, based in Gatesville, TX. It received its IRS tax-exemption ruling in May 2002, 24 years ago. 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 December 2023, Central Texas Hospitality House reported income of $141k and spending of $148k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $141k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Texas Hospitality House sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Womens Southern Golf Association ($141k), Norton Music Boosters Association ($141k) and Scholarship Little Compton ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $54k. At year end it held assets of $980k against liabilities of $1,094, net assets of $979k. It reported 1 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.