Council Bluffs RHF Housing Inc

Analysis

Council Bluffs RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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, Council Bluffs RHF Housing Inc reported income of $323k and spending of $331k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $307k to $323k (+5.2%), an average of +1.3% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council Bluffs RHF Housing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include The Boaz House ($323k), American Institute of Medical Education ($323k) and Booth Manor Inc ($323k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $1.3m against liabilities of $1.7m, net assets of -$385k.

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.