Cass County Housing Corporation

Analysis

Cass County Housing Corporation is a registered charity in United States, based in Atlantic, IA. It received its IRS tax-exemption ruling in January 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, Cass County Housing Corporation reported income of $207k and spending of $228k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $207k to $207k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cass County Housing Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Demarest Farms 2 Inc ($207k), Wesley Murray Meadow Inc ($207k) and Friends Apartment Homes Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $70k (31% of expenses). At year end it held assets of $652k against liabilities of $11k, net assets of $642k. It reported 1 employees.