United Church Residences of Fort Wayne Indiana Inc

Analysis

United Church Residences of Fort Wayne Indiana Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in May 1987, 39 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, United Church Residences of Fort Wayne Indiana Inc reported income of $1.0m and spending of $990k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $1.0m (+111%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Church Residences of Fort Wayne Indiana Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Jamaica Plain Community Centers Inc ($1.0m) and Buffalo Arts and Technology Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $81k. At year end it held assets of $3.6m against liabilities of $4.8m, net assets of -$1.2m. It reported 3 employees.