United Church Residences of Ashland Ohio Inc

Analysis

United Church Residences of Ashland Ohio Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in November 1992, 34 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, United Church Residences of Ashland Ohio Inc reported income of $328k and spending of $340k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $328k (+8.1%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Church Residences of Ashland Ohio Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Keats Garden Inc ($328k), O Keefe Garden Brook Apartments Inc ($328k) and Ahepa 310-Xii Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 46% of the total. Other salaries and wages came to $39k. At year end it held assets of $774k against liabilities of $2.0m, net assets of -$1.2m. It reported 3 employees.