H O L I E of Cudahy Inc
Analysis
H O L I E of Cudahy Inc is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in March 1998, 28 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 June 2024, H O L I E of Cudahy Inc reported income of $226k and spending of $245k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $179k to $226k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 117% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, H O L I E of Cudahy Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Marblehead Community Housing Corporation ($226k), Homes for Shippensburg Inc ($226k) and Sense of Security Inc ($226k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $521k against liabilities of $1.5m, net assets of -$974k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Program services 96%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marblehead Community Housing Corporation | Beverly | $226k |
| Homes for Shippensburg Inc | Annapolis | $226k |
| Sense of Security Inc | Denver | $226k |
| Hamilton Gardens Inc | Waddington | $226k |