Southwest Iowa Housing Trust Fund Inc

Analysis

Southwest Iowa Housing Trust Fund Inc is a registered charity in United States, based in Atlantic, IA. It received its IRS tax-exemption ruling in February 2007, 19 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, Southwest Iowa Housing Trust Fund Inc reported income of $357k and spending of $322k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $357k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income dropped by 60%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Iowa Housing Trust Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Brownsburg Education Foundation Inc ($357k), Fairbanks Summer Arts Festival ($357k) and Buena Vista Regional Healthcare Foundation ($357k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.