Waterloo Housing Trust Fund

Analysis

Waterloo Housing Trust Fund is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2023, Waterloo Housing Trust Fund reported income of $273k and spending of $274k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $273k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Waterloo Housing Trust Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Summerside Woods Inc ($273k), Affordable Housing Association of Pittsburg ($274k) and Recovery House 12 Steps Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $98k, net assets of $0.

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.