Council of Governments Housing Corporation

Analysis

Council of Governments Housing Corporation is a registered charity in United States, based in Carroll, IA. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2023, Council of Governments Housing Corporation reported income of $327k and spending of $197k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $428k to $327k (-24%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Council of Governments Housing Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Community Action Shelter Associates Inc ($327k), Amber Village Housing Corporation ($327k) and Komohale Services ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 35% of the total. At year end it held assets of $1.7m against liabilities of $28k, net assets of $1.7m.