On with Life Supportive Housing Corp

Analysis

On with Life Supportive Housing Corp is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, On with Life Supportive Housing Corp reported income of $84k and spending of $105k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $84k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 140% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, On with Life Supportive Housing Corp sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Chun Sa Po Charities Inc ($84k), Lions Clubs International ($84k) and Road to Recovery Inc ($84k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $673k against liabilities of $24k, net assets of $649k.

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.