Home Place of Texas

Analysis

Home Place of Texas is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Home Place of Texas reported income of $819k and spending of $712k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $635k to $819k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Home Place of Texas sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Sudbury Youth Soccer Assoc ($819k), Sfba ($820k) and New Canaan Baseball Softball Inc ($819k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $66k (9.3% of expenses). Other salaries and wages came to $329k. At year end it held assets of $806k against liabilities of $1,145, net assets of $805k. It reported 10 employees.