SHDC No 9 Inc

Analysis

SHDC No 9 Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 2000, 26 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 June 2023, SHDC No 9 Inc reported income of $78k and spending of $84k, spending 107% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $50k to $78k (+55%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SHDC No 9 Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within HI. Charities of a similar size with the same main cause include Affordable Community Housing Inc ($78k), New York Community Charitable Housing Corp ($78k) and Middletown Homes Inc ($78k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $486k against liabilities of $51k, net assets of $435k.