Housing Connection of Clark County Inc

Analysis

Housing Connection of Clark County Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in February 1995, 31 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Connection of Clark County Inc reported income of $1.0m and spending of $903k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $735k to $1.0m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Connection of Clark County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Bernardine Franciscan Sisters Foundation Inc ($1.0m), New Life Properties Inc ($1.0m) and Kingsborough Community College Auxiliary Enterprises Corp ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $83k (9.2% of expenses). Other salaries and wages came to $256k. At year end it held assets of $4.5m against liabilities of $1.8m, net assets of $2.7m. It reported 7 employees.