Anderson Housing Inc

Analysis

Anderson Housing Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anderson Housing Inc reported income of $774k and spending of $809k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $774k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 142%. 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, Anderson Housing Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Evangelical Manor Inc Nonprofit Housing Corporation ($774k), Manhattan Area Housing Partnership Inc ($774k) and Highland Terrace of Prestonsburg Inc ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 65% of the total. Other salaries and wages came to $167k. At year end it held assets of $1.4m against liabilities of $654k, net assets of $707k.