Ouabache Village Inc

Analysis

Ouabache Village Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ouabache Village Inc reported income of $104k and spending of $126k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $85k to $104k (+22%), an average of +6.9% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ouabache Village Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Florence House Housing Corporation ($104k), Parc Residential Options ($104k) and All the Kings Horses Childrens Ranch ($104k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $13k. At year end it held assets of $696k against liabilities of $1.1m, net assets of -$404k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.