Union Congregational Church Homes Phase II Inc

Analysis

Union Congregational Church Homes Phase II Inc is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in August 1981, 45 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, Union Congregational Church Homes Phase II Inc reported income of $956k and spending of $734k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $858k to $956k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Union Congregational Church Homes Phase II Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include 1010 Senior Housing Corporation ($956k), Hispanic Housing and Education Corp ($957k) and Bridging Independent Living Together Inc ($956k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $31k (4.2% of expenses). Other salaries and wages came to $136k. At year end it held assets of $1.8m against liabilities of $912k, net assets of $897k. It reported 12 employees.