Indian Town Home Association

Analysis

Indian Town Home Association is a registered charity in United States, based in Henry, IL. It received its IRS tax-exemption ruling in February 2000, 26 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 September 2023, Indian Town Home Association reported income of $195k and spending of $184k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $186k to $195k (+4.5%), an average of +1.1% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Indian Town Home Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Four Corners Community Development Corporation ($195k), Independence Hill Inc ($195k) and Cherrywood Village ($195k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 42% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.8m against liabilities of $1.8m, net assets of -$21k. It reported 4 employees.