Huron Housing Corporation

Analysis

Huron Housing Corporation is a registered charity in United States, based in Blacklick, OH. It received its IRS tax-exemption ruling in December 1994, 32 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, Huron Housing Corporation reported income of $298k and spending of $368k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $298k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Huron Housing Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include 287 Housing Development Fund Corporation ($298k), Dryden Senior Housing Corporation ($298k) and Team Up with Families Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $817k against liabilities of $128k, net assets of $689k.

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.