Rdoor Housing Corporation

Analysis

Rdoor Housing Corporation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2008, 18 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 June 2024, Rdoor Housing Corporation reported income of $184k and spending of $178k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $165k to $184k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 16%. 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, Rdoor Housing Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Asi Helena Inc ($184k), House of Mercy Enterprises ($184k) and Waterford Homes for Elderly Inc ($184k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Other salaries and wages came to $30k. At year end it held assets of $511k against liabilities of $141k, net assets of $371k.