Oub Court Housing Company Inc

Analysis

Oub Court Housing Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Oub Court Housing Company Inc reported income of $10.1m and spending of $9.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $10.1m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oub Court Housing Company Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Aptiv Incorporated ($10.1m), Sequoia Mental Health Services Inc ($10.1m) and 2life Communities Inc ($10.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. At year end it held assets of $15.2m against liabilities of $22.2m, net assets of -$7.0m.