Exira Home Development Corporation

Analysis

Exira Home Development Corporation is a registered charity in United States, based in Algona, IA. It received its IRS tax-exemption ruling in November 1968, 58 years ago. 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, Exira Home Development Corporation reported income of $85k and spending of $81k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $85k (-6.8%), an average of -6.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Exira Home Development Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include North Carolina Association of Rehabilitation Facilities Inc ($85k), Inman Senior Citizens Inc ($85k) and National Association of Negro Busin Ess and Professional Womens C ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $257k against liabilities of $6,292, net assets of $250k.