Dha Housing Corp

Analysis

Dha Housing Corp is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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, Dha Housing Corp reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+6.5%), an average of +1.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dha Housing Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Sacramento Theatre Company ($1.2m), JK Movement ($1.2m) and Young Mens Christian Association of Tuscaloosa County Alabama Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $151k. At year end it held assets of $1.1m against liabilities of $146k, net assets of $955k.

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.