Fort Hill Avenue Inc

Analysis

Fort Hill Avenue Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2001, 25 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, Fort Hill Avenue Inc reported income of $145k and spending of $74k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $133k to $145k (+9.2%), an average of +3.0% a year. Over the whole period it spent 63% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Hill Avenue Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Bec New Communities Housing Development Fund Company Inc ($145k), Villa Saint Andrews Community Association ($145k) and Biblical Concepts Group Home ($145k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $893k against liabilities of $509k, net assets of $384k.