Fayetteville State University Student Housing Corporation

Analysis

Fayetteville State University Student Housing Corporation is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in December 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, Fayetteville State University Student Housing Corporation reported income of $717k and spending of $620k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $879k to $717k (-18%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fayetteville State University Student Housing Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Helping Arms Inc ($717k), Hoosier Manor Inc ($718k) and P a D S ($717k).

At year end it held assets of $18.1m against liabilities of $17.2m, net assets of $900k.