Switzerland County Housing Inc
Analysis
Switzerland County Housing Inc is a registered charity in United States, based in Vevay, IN. It received its IRS tax-exemption ruling in April 1977, 49 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, Switzerland County Housing Inc reported income of $232k and spending of $181k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $201k to $232k (+15%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 81% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Switzerland County Housing Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include South Pointe IV Inc ($232k), Tabitha Ministry ($232k) and Better Community Housing of Trenton Inc ($232k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $36k (20% of expenses). At year end it held assets of $268k against liabilities of $222k, net assets of $45k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 41%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Pointe IV Inc | Monroe | $232k |
| Tabitha Ministry | Summerfield | $232k |
| Better Community Housing of Trenton Inc | Trenton | $232k |
| Freyas Hen House | Middletown | $232k |