FOUNDATION COMMUNITIES INC

AUSTIN, TX, 78704-6536 (512) 447-2026 Est. 1990 EIN 74-2563260

L20Z - Housing & Shelter 990 - Public charity return 501(c)(3)

www.foundcom.org

Mission

CREATING HOUSING WHERE FAMILIES SUCCEED. AFFORDABLE HOUSING WITH SUPPORTIVE SOCIAL SERVICES TO EDUCATE, SUPPORT AND IMPROVE THE FINANCIAL STANDING OF THE WORKING POOR AND THEIR COMMUNITIES.

Financials

Total Revenue

$50,038,857

Total Expenses

$34,144,476

Net Assets

$187,070,795

821 employees 3,384 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

5.5 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 21.3%

Expenses ↑ 12.9%

Revenue Sources

Contributions 62.5% Earned revenue 26.5% Investment 10.9%

Expense Breakdown

Program 84.8% Management 11.5% Fundraising 3.7%

Officers & Key Employees (31)

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Grants Received (180)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$50,038,857 ↑	$34,144,476	$187,070,795
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$41,254,625 ↓	$30,230,380	$171,176,414
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$44,338,510 ↑	$27,216,921	$160,152,169
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$44,085,347 ↑	$25,514,683	$143,030,580
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$31,007,217 ↑	$22,592,505	$124,459,916
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$18,146,351	$17,288,917	$101,267,704