Macon RHF Housing Inc

Analysis

Macon RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2005, 21 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 March 2024, Macon RHF Housing Inc reported income of $603k and spending of $737k, spending 122% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $506k to $603k (+19%), an average of +4.5% a year. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Macon RHF Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Essential Living Inc ($603k), Compassionate Hands ($604k) and Work Express Housing Inc ($603k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 48% and program service revenue 48% of the total. At year end it held assets of $3.9m against liabilities of $6.2m, net assets of -$2.3m.

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.