Abcap Housing M Inc

Analysis

Abcap Housing M Inc is a registered charity in United States, based in Georgetown, OH. It received its IRS tax-exemption ruling in April 1998, 28 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 (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, Abcap Housing M Inc reported income of $71k and spending of $81k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $71k (+0.7%), an average of +0.2% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Abcap Housing M Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Banjo Lane Apartments Inc ($71k), Schaadt Apartment Corporation ($71k) and Habitat for Humanity International Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $373k against liabilities of $16k, net assets of $356k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.