Foundation for Rural Housing Inc

Analysis

Foundation for Rural Housing Inc is a registered charity in United States, based in Oregon, WI. It received its IRS tax-exemption ruling in June 1983, 43 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 December 2023, Foundation for Rural Housing Inc reported income of $908k and spending of $820k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $534k to $908k (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Foundation for Rural Housing Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Las Cruces Gospel Rescue Mission Inc ($908k), Hope House Foundation Inc ($908k) and Abundant Life of Perrysburg Inc ($907k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $86k (11% of expenses). Other salaries and wages came to $213k. At year end it held assets of $762k against liabilities of $35k, net assets of $727k. It reported 7 employees.