T a Initiative

Analysis

T a Initiative is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, T a Initiative reported income of $325k and spending of $159k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $325k (+226%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 693%. Over the whole period it spent 21% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, T a Initiative sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Just Communities Arizona ($325k), Hancock Manor Corporation ($325k) and Casa de Amigos VIII Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.9% of the total. At year end it held assets of $1.7m against liabilities of $32k, net assets of $1.7m.