Lone Star HCS Inc

Analysis

Lone Star HCS Inc is a registered charity in United States, based in Willis, TX. It received its IRS tax-exemption ruling in July 2005, 21 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, Lone Star HCS Inc reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lone Star HCS Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Second Heart Homes Inc ($1.9m), Kendal New York ($1.9m) and Hope Ministries of Baton Rouge ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $228k (13% of expenses). At year end it held assets of $395k against liabilities of $42k, net assets of $352k. It reported 13 employees.