Lower Township RHF Housing Inc

Analysis

Lower Township RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1988, 38 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 July 2023, Lower Township RHF Housing Inc reported income of $780k and spending of $702k, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $741k to $780k (+5.2%), an average of +1.3% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lower Township RHF Housing Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Americans for Independent Living ($779k), Posada Del Sol Inc ($781k) and Bathgate-Belmont Apartment Housing Development Fund Corp Inc ($779k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $1.3m against liabilities of $1.5m, net assets of -$202k.