funder logo

Houston Area Community Development Corporation

Houston Area Community Development Corporation

Houston, TX, US
501(c)3
EIN
76-0380705
Regional Funder
funder logo

Houston Area Community Development Corporation

Houston, TX, US
501(c)3
EIN
76-0380705
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,401,048

Program Services
>99%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$14,459,903

Grants
54%
Salaries & Benefits
17%
Offices, Occupancy & IT
10%
Depreciation
10%
Other
6%
Fees to Service Providers
3%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,320,587
$13,279,147
+207%
Membership Dues
$0
$0
-
Investments
$138,675
$121,901
-12%
Other
$0
$0
-
Total Revenues
$4,459,262
$13,401,048
+201%
Expenses
2023
2024
Change
Grants
$3,746,216
$7,865,736
+110%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,248,332
$2,404,223
+93%
Fees to Service Providers
$223,916
$440,292
+97%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$706,278
$1,446,366
+105%
Interest
$0
$0
-
Depreciation
$847,385
$1,404,236
+66%
Other
$157,415
$899,050
+471%
Total Expenses
$6,929,542
$14,459,903
+109%
Net income
2023
2024
Change
Net income
-$2,470,280
-$1,058,855
+57%
Functional Expenses
Summary
2023
2024
Change
Program
$6,698,498
$13,891,368
+107%
Admin
$231,044
$568,535
+146%
Fundraising
$0
$0
-
Total Expenses
$6,929,542
$14,459,903
+109%
Income Statement
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