Delaware Creative Housing Hud 1 Inc

Analysis

Delaware Creative Housing Hud 1 Inc is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Delaware Creative Housing Hud 1 Inc reported income of $89k and spending of $112k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $89k (-0.6%), an average of -0.6% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delaware Creative Housing Hud 1 Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Ventura Vie ($89k), New American Community Lending Corporation ($89k) and Veterans Out of the Rough Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $194k against liabilities of $442k, net assets of -$248k.