Appleton Housing Corp

Analysis

Appleton Housing Corp is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in November 1998, 28 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 June 2023, Appleton Housing Corp reported income of $144k and spending of $157k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $153k to $144k (-5.9%), an average of -1.5% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Appleton Housing Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Asi Jackson County Inc ($144k), 1116 Brookview Inc ($144k) and Grant Manor Homeowners Association Inc ($144k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $1.9m, net assets of $26k.

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.