Tuskegee Alumni Housing Foundation Inc
Analysis
Tuskegee Alumni Housing Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1969, 57 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, Tuskegee Alumni Housing Foundation Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+18%), an average of +4.2% a year. Over the whole period it spent 97% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tuskegee Alumni Housing Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include East Lake Initiative a Nonprofit Corporation ($1.3m), Homeless Sheltyer Action Committee Inc ($1.3m) and Magnolia Towers Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $2.5m against liabilities of $2.0m, net assets of $483k.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 40%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East Lake Initiative a Nonprofit Corporation | Birmingham | $1.3m |
| Homeless Sheltyer Action Committee Inc | Cartersville | $1.3m |
| Magnolia Towers Inc | Orlando | $1.3m |
| Huntsman Community Shelter | Salt Lake Cty | $1.3m |