Better Housing for Tompkins County Inc

Analysis

Better Housing for Tompkins County Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 1982, 44 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, Better Housing for Tompkins County Inc reported income of $2.4m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.4m (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Better Housing for Tompkins County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Supportive Housing and Innovative Partnerships Inc ($2.4m), Zachewicz Enterprises Inc ($2.4m) and Volunteers of America Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $10.7m against liabilities of $8.9m, net assets of $1.8m. It reported 32 employees.