First 202 Housing Corporation Xenia Site

Analysis

First 202 Housing Corporation Xenia Site is a registered charity in United States, based in Xenia, OH. It received its IRS tax-exemption ruling in May 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 May 2023, First 202 Housing Corporation Xenia Site reported income of $689k and spending of $796k, spending 116% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $597k to $689k (+15%), an average of +4.9% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First 202 Housing Corporation Xenia Site 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 OH. Charities of a similar size with the same main cause include Germaine Harbor Inc ($689k), Redlands Senior Housing II ($689k) and Walking with Jesus Ministries ($689k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% and program service revenue 32% of the total. At year end it held assets of $2.0m against liabilities of $2.2m, net assets of -$265k.