Hra Village Incorporated

Analysis

Hra Village Incorporated is a registered charity in United States, based in Texas City, TX. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hra Village Incorporated reported income of $601k and spending of $719k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $601k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hra Village Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Chester Eastside Inc ($601k), Baltimore Jewelry Center Inc ($601k) and Black Fairy Godmother Foundation ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $64k (8.9% of expenses). Other salaries and wages came to $379k. At year end it held assets of $779k against liabilities of $117k, net assets of $663k. It reported 24 employees.