Intecare Housing Inc

Analysis

Intecare Housing Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Intecare Housing Inc reported income of $112k and spending of $138k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $84k to $112k (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intecare Housing Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Unforgotten Faces ($112k), Reach to Romania Inc ($112k) and Hudson Taylor Ministries ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $19k. At year end it held assets of $800k against liabilities of $1.2m, net assets of -$449k.

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.