Tremont Place Housing Corporation

Analysis

Tremont Place Housing Corporation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1992, 34 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, Tremont Place Housing Corporation reported income of $354k and spending of $317k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $356k to $354k (-0.5%), an average of -0.1% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tremont Place Housing Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Martnas Terrace Housing Corporation ($354k), Nehemiah Program ($354k) and Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp ($354k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $549k against liabilities of $32k, net assets of $516k.