Delray Housing Group Inc

Analysis

Delray Housing Group Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Delray Housing Group Inc reported income of $1.2m and spending of $725k, leaving 38% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $653k to $1.2m (+80%), an average of +22% a year. The sharpest change came in the year to March 2023, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Delray Housing Group Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Pittsburg Senior and Handicapped Residential Community Inc ($1.2m), WPR Uaw Housing Corporation Inc ($1.2m) and Mercy Communities Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (16% of expenses). Other salaries and wages came to $237k. At year end it held assets of $1.6m against liabilities of $158k, net assets of $1.4m. It reported 22 employees.