Eau Claire County Housing Inc

Analysis

Eau Claire County Housing Inc is a registered charity in United States, based in Altoona, WI. It received its IRS tax-exemption ruling in May 2020, 6 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 December 2023, Eau Claire County Housing Inc reported income of $222k and spending of $121k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $222k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eau Claire County Housing Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Bensonhurst Housing for the Elderly ($222k), Energy Conservation Associates Inc ($222k) and Tonopah Lamb Senior Housing Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $667k against liabilities of $636k, net assets of $31k.