Ashtabula County Community Housing Development Organization Inc

Analysis

Ashtabula County Community Housing Development Organization Inc is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Ashtabula County Community Housing Development Organization Inc reported income of $180k and spending of $172k, spending 95% of its income. Across the 4 years on record, from March 2021 to March 2024, income fell from $215k to $180k (-16%), an average of -5.7% a year. The sharpest change came in the year to March 2023, when income rose by 54%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ashtabula County Community Housing Development Organization Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Dogwood Manor Apartment Inc ($180k), Samaritan Outreach Center ($180k) and Foundation for Quality Housing Opportunities ($180k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $23k. At year end it held assets of $83k against liabilities of $64k, net assets of $19k.