Fort Hill Housing Inc

Analysis

Fort Hill Housing Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in September 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 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 2023, Fort Hill Housing Inc reported income of $50k and spending of $116k, spending 231% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $57k to $50k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 167% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Hill Housing Inc sits at the 11th percentile: it is larger than about 11% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 28th percentile within MA. Charities of a similar size with the same main cause include Hispanic Real Estate Brokers Association Inc ($50k), Interfaith Housing Development Corporation of Hickory ($50k) and Honolulu House Inc ($50k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of -$23k.

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.