First Parish Housing of Fitchburg Inc

Analysis

First Parish Housing of Fitchburg Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in October 1968, 58 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 December 2023, First Parish Housing of Fitchburg Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+18%), an average of +4.1% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First Parish Housing of Fitchburg Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Model Cities Properties ($1.2m), Habitat for Missionariesincorporated ($1.2m) and Lopez Community Land Trust ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $300k. At year end it held assets of $2.2m against liabilities of $166k, net assets of $2.1m. It reported 13 employees.