TCC Hill Country Development Corporation

Analysis

TCC Hill Country Development Corporation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, TCC Hill Country Development Corporation reported income of $2.3m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2021, when income rose by 1021%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TCC Hill Country Development Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Big Wave Group ($2.3m), Lakeside Partners of Wilmington Inc ($2.3m) and Island City Development ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12.9m against liabilities of $11.0m, net assets of $1.9m.