Seward County Housing Corp

Analysis

Seward County Housing Corp is a registered charity in United States, based in Seward, NE. It received its IRS tax-exemption ruling in February 1993, 33 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 July 2024, Seward County Housing Corp reported income of $165k and spending of $61k, leaving 63% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $18k to $165k (+805%), an average of +73% a year. The sharpest change came in the year to July 2023, when income rose by 1030%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seward County Housing Corp sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Volunteer Residences-One Inc ($165k), Florida Collaborative for Affordable Housing & Community Dev ($165k) and Asi-Anoka County Inc ($165k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 106% and program service revenue 9.1% of the total. At year end it held assets of $2.8m against liabilities of $712k, net assets of $2.1m.