Fall Creek Retirement Housing Inc

Analysis

Fall Creek Retirement Housing Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in February 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 December 2023, Fall Creek Retirement Housing Inc reported income of $114k and spending of $115k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $114k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fall Creek Retirement Housing Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Pro-Home Inc ($114k), Cardinals Peak Inc ($114k) and Maine Adult Education Association ($114k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $686k against liabilities of $499k, net assets of $187k.

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.