Shrewsbury Housing Inc

Analysis

Shrewsbury Housing Inc is a registered charity in United States, based in Shrewsbury, PA. 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Shrewsbury Housing Inc reported income of $614k and spending of $510k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $565k to $614k (+8.8%), an average of +2.1% a year. 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, Shrewsbury Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Olive Branch ($614k), Catholic Housing Corporation of Northern Berks County ($614k) and Habitat for Humanity International Inc ($613k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.0m against liabilities of $2.3m, net assets of -$1.2m.