Centennial Falcon Properties Inc

Analysis

Centennial Falcon Properties Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in April 2010, 16 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Centennial Falcon Properties Inc reported income of $504k and spending of $714k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12k to $504k (+4083%), an average of +154% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 416% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Centennial Falcon Properties Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Christian Living Center Inc ($504k), Seabury ($505k) and Helping Hand Outreach Ministries ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $13.9m against liabilities of $9.4m, net assets of $4.6m.

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.