Rural Communities Housing Development Group

Analysis

Rural Communities Housing Development Group is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in January 2009, 17 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 October 2023, Rural Communities Housing Development Group reported income of $1.1m and spending of $1.3m, spending 121% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $994k to $1.1m (+11%), an average of +2.7% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rural Communities Housing Development Group sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Fisher House Inc ($1.1m), Fort Schuyler House Inc ($1.1m) and Granville Place Inc ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $6.9m against liabilities of $2.4m, net assets of $4.5m.

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.