WSHDC ZHDC Apartments Inc

Analysis

WSHDC ZHDC Apartments Inc is a registered charity in United States, based in Blacklick, OH. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, WSHDC ZHDC Apartments Inc reported income of $410k and spending of $490k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $476k to $410k (-14%), an average of -3.7% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, WSHDC ZHDC Apartments Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Highland Area Not for Profit Housing Corporation-Hanfphc ($410k), Housing Now Inc ($410k) and Phoenix Recovery Institute ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. At year end it held assets of $2.8m against liabilities of $3.8m, net assets of -$1.0m.

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.