Teton Housing Corporation

Analysis

Teton Housing Corporation is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 1994, 32 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 December 2023, Teton Housing Corporation reported income of $716k and spending of $699k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $716k (+6.1%), an average of +1.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teton Housing Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include The Foundation for NC A&t State Uni Versi ($716k), Museum of Early Trades and Crafts ($717k) and United Way of Harrisonburg & Rockingham County Inc ($716k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $851k against liabilities of $1.9m, net assets of -$1.1m.