Troy Community Works Corporation

Analysis

Troy Community Works Corporation is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in April 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Troy Community Works Corporation reported income of $279k and spending of $162k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $457k to $279k (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Troy Community Works Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include North Grand Neighborhood Services ($279k), Community Freindship Housing Services II Inc ($280k) and Bassett Park Housing Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 88% of the total. At year end it held assets of $2.9m against liabilities of $1.5m, net assets of $1.4m.