Rebuilding Together Houston

Analysis

Rebuilding Together Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1983, 43 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 December 2023, Rebuilding Together Houston reported income of $3.2m and spending of $3.6m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.2m (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Together Houston sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Boston Road Housing Development Fund Co Inc ($3.2m), Lions Community Service Corporation ($3.2m) and Community Works ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $144k (4.0% of expenses). Other salaries and wages came to $896k. At year end it held assets of $2.2m against liabilities of $56k, net assets of $2.1m. It reported 21 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.