Tuscarawas Affordable Housing Services Corporation

Analysis

Tuscarawas Affordable Housing Services Corporation is a registered charity in United States, based in New Phila, OH. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Tuscarawas Affordable Housing Services Corporation reported income of $199k and spending of $199k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $152k to $199k (+31%), an average of +5.6% a year. The sharpest change came in the year to December 2019, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tuscarawas Affordable Housing Services Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Marysville Quilceda Meadows ($199k), Cooperativa Las Tres Palmas ($199k) and Tenafly Senior Citizens Housing ($199k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $35k. At year end it held assets of $995k against liabilities of $1.4m, net assets of -$423k. It reported 2 employees.