Southview Housing Corporation

Analysis

Southview Housing Corporation is a registered charity in United States, based in Richmond, MO. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Southview Housing Corporation reported income of $110k and spending of $135k, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $76k to $110k (+46%), an average of +9.9% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southview Housing Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Cedar Bluff Senior Housing ($110k), Uhab Housing Development Fund Corporation ($110k) and Cof Integrated Living Inc ($110k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $9,600. At year end it held assets of $775k against liabilities of $21k, net assets of $754k. It reported 1 employees.

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.