Spring Valley Housing Inc

Analysis

Spring Valley Housing Inc is a registered charity in United States, based in Hohenwald, TN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spring Valley Housing Inc reported income of $128k and spending of $165k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $101k to $128k (+26%), an average of +4.7% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spring Valley Housing Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Gibb Perry Village Inc ($127k), Jarred Dezonia Foundation ($128k) and Volunteers of America Inc ($127k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $42k. At year end it held assets of $408k against liabilities of $35k, net assets of $374k. It reported 3 employees.

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.