Housing & Shelter (L80) IRS Verified DX Registered 990 on File

HOUSING OPPORTUNITIES FOR MUSICIANS AND ENTERTAINERS

EIN: 46-0580743 · AUSTIN, TX 78745-4868 · United States · FY 2024 Data

4 out of 5 66 / 100 Based on 2+ years of filings

Financial strength (30%) 72/100

Reliability (20%) 45/100

Effectiveness (25%) 90/100

Impact (25%) 50/100

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

HOME (Housing Opportunities for Musicians and Entertainers) was founded by a group of compassionate women in Austin, Texas, to support aging musicians who have contributed so much to the city’s vibrant music scene. Many of these artists have spent their careers without traditional safety nets, and as they grow older, housing insecurity and financial challenges become increasingly urgent. As a 501(c)(3) nonprofit organization, HOME channels the generosity of Austin’s music lovers into direct financial assistance and critical resources for these musicians. Beyond grants, we connect them with support services to help create stability and security in their later years. Our mission is to honor and support the musicians who put Austin on the musical map by providing the safety net they often lacked throughout their careers. By doing so, HOME helps preserve their dignity and sustains the cultural legacy that defines Austin’s unique musical identity.

Financial Overview — FY 2024

N/A

Total Revenue

N/A

Total Expenses

N/A

Net Assets

Employees

Program Expense Ratio N/A

Fundraising Efficiency 0.0%

Operating Reserve N/A

Liability-to-Asset 0.0%

Revenue Diversification N/A

Compared with Peers

FY 2023

Compared with 7,651 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	93.8%	87.5%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	3.2%	11.6%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	3.0%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	34.3 mo	13.3 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	27.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	101.7%	92.2%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	-6.0%	4.4%	P10P90
Expense growth Year over year expense growth	13.8%	4.9%	P10P90
Surplus margin Surplus as a share of revenue	28.0%	-7.3%	P10P90

Impact

2 programs

Outcome / Program	People Served	Cost / Service	# Completed	Duration
Stable housing, housing security, homelessness prevention, improved well-being, life stability	40	$9,600.00	—	Per Year
(Emergency Grants Served) Crisis housing support, eviction prevention, emergency stability, maintain	140	$500.00	—	Per Year

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	N/A	N/A	N/A	—
2023	$280K	$201K	$575K	93.8%
2022	$298K	$177K	$434K	93.6%
2021	$210K	$203K	N/A	—

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Organization Details

EIN: 46-0580743
State: TX
City: AUSTIN
ZIP: 78745-4868
Classification: L80
Category: Housing & Shelter
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2013
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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