Zepf Housing Corporation One Inc

Analysis

Zepf Housing Corporation One Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Zepf Housing Corporation One Inc reported income of $98k and spending of $119k, spending 121% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $68k to $98k (+44%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zepf Housing Corporation One Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include East Grand Forks Food Shelf ($98k), Transition to Freedom Inc ($98k) and Edinburgh USA Pro-Am Foundation ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $270k against liabilities of $355k, net assets of -$84k.

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.