Howland Housing Corporation

Analysis

Howland Housing Corporation is a registered charity in United States, based in Howland, ME. It received its IRS tax-exemption ruling in January 1978, 48 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, Howland Housing Corporation reported income of $117k and spending of $122k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $117k (+6.4%), an average of +6.4% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Howland Housing Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Warm Hearts of Douglas County Inc ($117k), White Plains Housing Development Fund Company Inc ($117k) and Holmen Education Foundation Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $107k against liabilities of $5,939, net assets of $101k.