Tyee Court Housing Inc

Analysis

Tyee Court Housing Inc is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tyee Court Housing Inc reported income of $96k and spending of $136k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $96k (+17%), an average of +3.9% a year. Over the whole period it spent 163% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tyee Court Housing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within AK. Charities of a similar size with the same main cause include Love in the Name of Christ of Lewis County ($96k), Gardner Emergency Housing Mission ($96k) and Webhannet Charitable Foundation Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $13k, net assets of $1.8m.

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.