Herscher Townhouse Inc

Analysis

Herscher Townhouse Inc is a registered charity in United States, based in Herscher, IL. It received its IRS tax-exemption ruling in October 2009, 17 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, Herscher Townhouse Inc reported income of $56k and spending of $67k, spending 120% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $10k to $56k (+457%), an average of +136% a year. The sharpest change came in the year to December 2022, when income rose by 378%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Herscher Townhouse Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Lifeark Community Inc ($56k), Pathway Network Incorporated ($56k) and L & S Housing Corporation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $268k against liabilities of $24k, net assets of $243k.