Holiday Drive Housing Corporation

Analysis

Holiday Drive Housing Corporation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holiday Drive Housing Corporation reported income of $124k and spending of $165k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $130k to $124k (-4.7%), an average of -1.2% a year. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holiday Drive Housing Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Pelham New Hampshire Council on Aging Corp ($124k), Los Toros Foundation ($124k) and River Jordan Project Inc ($124k).

Other salaries and wages came to $26k. At year end it held assets of $845k against liabilities of $26k, net assets of $819k.

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.