Franklin County Housing Advisory Corporation Inc

Analysis

Franklin County Housing Advisory Corporation Inc is a registered charity in United States, based in Brookville, IN. It received its IRS tax-exemption ruling in March 1976, 50 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, Franklin County Housing Advisory Corporation Inc reported income of $430k and spending of $401k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $430k (+6.5%), an average of +1.6% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Franklin County Housing Advisory Corporation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Stevenson House Foundation ($430k), Havenside Corporation ($430k) and Azteca Economic Developement Corporation ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. Other salaries and wages came to $88k. At year end it held assets of $737k against liabilities of $1.2m, net assets of -$470k.