Anayat House Inc

Analysis

Anayat House Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in April 1995, 31 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 June 2023, Anayat House Inc reported income of $300k and spending of $249k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $221k to $300k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2020, when income rose by 105%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Anayat House Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Pace Economic Development Corporation ($300k), Good Samaritan Senior Housing Development Fund Company Inc ($300k) and Pinegrove Development Corporation ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $64k (26% of expenses). At year end it held assets of $1.7m against liabilities of $26k, net assets of $1.7m. It reported 3 employees.