Greater Abyssinian Housing Corporation Inc
Analysis
Greater Abyssinian Housing Corporation Inc is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in February 1985, 41 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, Greater Abyssinian Housing Corporation Inc reported income of $69k and spending of $0, leaving 100% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 0.4% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Abyssinian Housing Corporation Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Hotels for Hope Inc ($69k), Ryan House Project ($69k) and Grasse River Housing Corporation ($69k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hotels for Hope Inc | Bloomington | $69k |
| Ryan House Project | North Berwick | $69k |
| Grasse River Housing Corporation | Madrid | $69k |
| New Gary Community Development Corp | Gary | $69k |