Grundy County Supportive Housingcorporation

Analysis

Grundy County Supportive Housingcorporation is a registered charity in United States, based in Trenton, MO. It received its IRS tax-exemption ruling in August 2006, 20 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 September 2023, Grundy County Supportive Housingcorporation reported income of $79k and spending of $94k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $72k to $79k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grundy County Supportive Housingcorporation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include 8200-8300 Franklin Blvd ($79k), Community Apartments Corporation of Haywood County ($79k) and Ocean Housing Development II Inc ($79k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $771k against liabilities of $1.1m, net assets of -$312k. It reported 1 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.