Etc Housing Corporation

Analysis

Etc Housing Corporation is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in February 1994, 32 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, Etc Housing Corporation reported income of $1.0m and spending of $512k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Etc Housing Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Pecan Community Association Inc ($1.0m), Astor Assets Inc ($1.0m) and Grafton Housing Associates Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.9m against liabilities of $234k, net assets of $1.7m. It reported 8 employees.