Zepf Housing Corporation Three Inc

Analysis

Zepf Housing Corporation Three 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 Three Inc reported income of $508k and spending of $570k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $642k to $508k (-21%), an average of -4.6% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zepf Housing Corporation Three Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Fort Wayne Urban League Inc ($508k), Well Resource Center NFP ($508k) and Light of Hope Inc ($508k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 59% of the total. Other salaries and wages came to $61k. At year end it held assets of $596k against liabilities of $661k, net assets of -$65k.