Blanchester Friends Housing Inc

Analysis

Blanchester Friends Housing Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1991, 35 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 September 2023, Blanchester Friends Housing Inc reported income of $189k and spending of $442k, spending 234% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $976k to $189k (-81%), an average of -34% a year. The sharpest change came in the year to September 2022, when income dropped by 78%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blanchester Friends Housing Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Kansas Supportive Housing Inc ($189k), Covington Voa Elderly Housing Inc ($189k) and Magnificat Home Inc ($188k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 26% of the total. At year end it held assets of $718k against liabilities of $1.2m, net assets of -$524k.