Smyrna RHF Housing Inc

Analysis

Smyrna RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Smyrna RHF Housing Inc reported income of $627k and spending of $687k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $485k to $627k (+29%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Smyrna RHF Housing Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Cascades Sonrise Development Corporation ($626k), Georgia Advancing Communities Together Inc ($627k) and Henderson Village Corporation ($626k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 44% of the total. At year end it held assets of $3.0m against liabilities of $4.8m, net assets of -$1.8m.