Zepf Housing Corporation Four

Analysis

Zepf Housing Corporation Four is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2024, Zepf Housing Corporation Four reported income of $61k and spending of $104k, spending 169% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $72k to $61k (-15%), an average of -7.9% a year. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zepf Housing Corporation Four sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Community Services Fourth Housing Corporation ($61k), Sutton Senior Annex Inc ($61k) and Mount Olivet Housing Development Fund Company Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $497k against liabilities of $796k, net assets of -$299k.

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.