Dahc Housing III Inc

Analysis

Dahc Housing III Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in August 2007, 19 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, Dahc Housing III Inc reported income of $79k and spending of $95k, spending 121% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $105k to $79k (-25%), an average of -9.0% a year. The sharpest change came in the year to September 2021, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dahc Housing III Inc 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 32nd percentile within TX. Charities of a similar size with the same main cause include Pathstone Corporation ($79k), Partners a Nonprofit Corporation ($79k) and Advance Housing 2000 Inc ($79k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $7,750. At year end it held assets of $746k against liabilities of $515k, net assets of $231k.