East Central Iowa Housing Trust Fund

Analysis

East Central Iowa Housing Trust Fund is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in February 2011, 15 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, East Central Iowa Housing Trust Fund reported income of $727k and spending of $663k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $229k to $727k (+218%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 259%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, East Central Iowa Housing Trust Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Vacaville Senior Housing Corporation ($726k), Nights Shield ($727k) and Community Outreach Housing ($726k).

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 $368k against liabilities of $2,209, net assets of $365k.