Davenport Lend-A-Hand Housing Corporation

Analysis

Davenport Lend-A-Hand Housing Corporation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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, Davenport Lend-A-Hand Housing Corporation reported income of $1.0m and spending of $986k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $957k to $1.0m (+8.8%), an average of +2.1% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davenport Lend-A-Hand Housing Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Altergarten Las Teresas II Inc ($1.0m) and Cleburne Christian Academy Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 94% of the total. At year end it held assets of $1.8m against liabilities of $3.3m, net assets of -$1.6m.