Auglaize Housing Development Inc

Analysis

Auglaize Housing Development Inc is a registered charity in United States, based in New Bremen, OH. It received its IRS tax-exemption ruling in May 2002, 24 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 June 2024, Auglaize Housing Development Inc reported income of $219k and spending of $237k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $476k to $219k (-54%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 73%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Auglaize Housing Development Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Boston Affordable Housing Coalition Inc ($219k), 130 Howe Street Inc ($219k) and Jamestown Lutheran Housingcorporation ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 57% of the total. At year end it held assets of $2.4m against liabilities of $685k, net assets of $1.7m.