Iris M Battle Housing Inc

Analysis

Iris M Battle Housing Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in July 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 December 2023, Iris M Battle Housing Inc reported income of $409k and spending of $456k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $409k (+33%), an average of +7.3% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Iris M Battle Housing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Middle Creek Housing Corporation ($409k), Phoenix Recovery Institute ($409k) and Ahepa 192-Ii Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $1.8m against liabilities of $3.4m, net assets of -$1.5m.

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.