Hebrew Free Loan Assoc of San Antonio

Analysis

Hebrew Free Loan Assoc of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Hebrew Free Loan Assoc of San Antonio reported income of $158k and spending of $126k, spending 80% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $201k to $158k (-21%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hebrew Free Loan Assoc of San Antonio sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Community Center of Lakewood Inc ($158k), Good News Ministries of Tampa Bay Inc ($158k) and Happy Reading Ministries Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $578k against liabilities of $35k, net assets of $544k. It reported 2 employees.