FC Mission Plaza Inc

Analysis

FC Mission Plaza Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2019, 7 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 ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, FC Mission Plaza Inc reported income of $427k and spending of $934k, spending 219% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $427k (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 71%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, FC Mission Plaza Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include North Texas Fair Housing Center ($427k), John and David Matthews Retirement Center Inc II ($427k) and Oakhouse Inc a Non-Profit Housing Corporation ($426k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $18.2m against liabilities of $16.3m, net assets of $1.9m.

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.