Duqc Housing II NFP Inc

Analysis

Duqc Housing II NFP Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in March 2008, 18 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, Duqc Housing II NFP Inc reported income of $125k and spending of $194k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $125k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Duqc Housing II NFP Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Ahep 421 Inc ($125k), Habitat Capital Resources Corporation ($125k) and Asi Greeley II Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. Other salaries and wages came to $22k. At year end it held assets of $750k against liabilities of $2.2m, net assets of -$1.4m. 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.