Big Five Ada Housing Inc

Analysis

Big Five Ada Housing Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in March 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 December 2023, Big Five Ada Housing Inc reported income of $83k and spending of $122k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $83k (-8.3%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 145% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Big Five Ada Housing Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within OK. Charities of a similar size with the same main cause include NVCSS Jackson Place Inc ($83k), Jaycee Action ($83k) and Red Road Rooming House Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $17k. At year end it held assets of $700k against liabilities of $1.3m, net assets of -$573k. It reported 2 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.