Hurford House Inc

Analysis

Hurford House Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 2002, 24 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 June 2024, Hurford House Inc reported income of $111k and spending of $136k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $99k to $111k (+13%), an average of +3.1% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hurford House Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Mountaineer Development Corporation ($111k), Laceleaf Corporation ($112k) and Azure Community Development ($111k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. At year end it held assets of $681k against liabilities of $38k, net assets of $643k.

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.