Hendry County Non-Profit Housing Inc

Analysis

Hendry County Non-Profit Housing Inc is a registered charity in United States, based in Labelle, FL. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hendry County Non-Profit Housing Inc reported income of $683k and spending of $822k, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $605k to $683k (+13%), an average of +3.1% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hendry County Non-Profit Housing Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Jefferson Street Senior Housing Corporation ($683k), Marin Aging and Disability Institute LLC ($683k) and Restoring Communities Housing Development Fund Corporation ($682k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $5.7m against liabilities of $1.3m, net assets of $4.5m.

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.