Sarc Housing Needs Board Inc

Analysis

Sarc Housing Needs Board Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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 June 2023, Sarc Housing Needs Board Inc reported income of $139k and spending of $143k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $31k to $139k (+341%), an average of +64% a year. The sharpest change came in the year to June 2020, when income rose by 314%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sarc Housing Needs Board Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within NH. Charities of a similar size with the same main cause include Fort Bend County Fire Fighters Association Inc ($139k), Alabama Federal Tax Clinic Inc ($139k) and Challenge America ($139k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $215k against liabilities of $42k, net assets of $173k.