HCCF Real Estate Supporting Organization

Analysis

HCCF Real Estate Supporting Organization is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, HCCF Real Estate Supporting Organization reported income of $376k and spending of $332k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $376k (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 316%. Over the whole period it spent 162% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, HCCF Real Estate Supporting Organization sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Elaine P Nunez Community College Foundation ($376k), Philanos ($376k) and Rangewater Impact Foundation Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 71% of the total. At year end it held assets of $7.5m against liabilities of $9.4m, net assets of -$1.9m.