High Desert Housing Corporation

Analysis

High Desert Housing Corporation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 2021, 5 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, High Desert Housing Corporation reported income of $119k and spending of $119k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $176k to $119k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, High Desert Housing Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within NM. Charities of a similar size with the same main cause include Victorias Veteran Housing Project Inc ($119k), Vista Gallinas Community Partnership ($119k) and Prairie Plaza Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $2,719, net assets of $32k.