Blackford-Grant Hud IV

Analysis

Blackford-Grant Hud IV is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in December 1997, 29 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 2023, Blackford-Grant Hud IV reported income of $271k and spending of $205k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $139k to $271k (+96%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blackford-Grant Hud IV sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Myplace Inc ($271k), Carriage Hill Inc ($271k) and Family Promise of Albany County ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 51% of the total. Other salaries and wages came to $26k. At year end it held assets of $537k against liabilities of $1.4m, net assets of -$833k.