Scott County Housing Council

Analysis

Scott County Housing Council is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in April 2000, 26 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, Scott County Housing Council reported income of $747k and spending of $758k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $560k to $747k (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Scott County Housing Council sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Pulaski County Neighborhood Alliance for Habitat ($747k), Santa Fe Apartment Corporation ($747k) and Washington Ave H D F C ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $83k (11% of expenses). Other salaries and wages came to $40k. At year end it held assets of $1.9m against liabilities of $643k, net assets of $1.3m. It reported 2 employees.

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.