Niacog Housing Trust Fund Inc

Analysis

Niacog Housing Trust Fund Inc is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in October 2011, 15 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, Niacog Housing Trust Fund Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $903k to $1.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 116%. 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, Niacog Housing Trust Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include National Church Residences of ($1.4m), The Village Community ($1.4m) and Edinburgh Square Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. At year end it held assets of $436k against liabilities of $128k, net assets of $309k.