Margaret Bock Housing

Analysis

Margaret Bock Housing is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in July 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 December 2023, Margaret Bock Housing reported income of $171k and spending of $151k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $171k (+17%), an average of +4.0% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Margaret Bock Housing sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Rome Apartments Inc ($171k), Community Housing II Inc ($171k) and Pals N Pets Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $41k (27% of expenses). Other salaries and wages came to $22k. At year end it held assets of $253k against liabilities of $29k, net assets of $224k. It reported 4 employees.