Athens Homeless Propertycorporation

Analysis

Athens Homeless Propertycorporation is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Athens Homeless Propertycorporation reported income of $126k and spending of $316k, spending 252% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $126k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 304% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Athens Homeless Propertycorporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Villa de Lucas Inc ($126k), SVDP I Housing Corp ($126k) and Neighborhood Building Corporation ($126k).

At year end it held assets of $7.8m against liabilities of $0, net assets of $7.8m.

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.