Associates Supported Housing

Analysis

Associates Supported Housing is a registered charity in United States, based in West Des Moines, IA. It received its IRS tax-exemption ruling in September 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 December 2023, Associates Supported Housing reported income of $75k and spending of $94k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $88k to $75k (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Associates Supported Housing sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Wesley House Inc ($75k), Benton Utilities Share Program Inc ($75k) and Ferriday Haven Inc ($75k).

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 $7,750. At year end it held assets of $842k against liabilities of $1.1m, net assets of -$304k.

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.