Union College Housing Inc

Analysis

Union College Housing Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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 May 2023, Union College Housing Inc reported income of $597k and spending of $549k, spending 92% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $558k to $597k (+6.9%), an average of +2.3% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union College Housing Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Vernon Regional Junior College Foundation Inc ($597k), Habitat for Humanity International Inc ($597k) and Qutekcak Native Tribe ($597k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Other salaries and wages came to $115k. At year end it held assets of $1.4m against liabilities of $477k, net assets of $954k.