Ariel Housing Inc

Analysis

Ariel Housing Inc is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in May 2017, 9 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, Ariel Housing Inc reported income of $398k and spending of $170k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $312k to $398k (+28%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ariel Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include West Central Missouri Prairie Estates Incorporated ($398k), Crockett Senior Housing ($398k) and Habitat for Humanity International ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $57k. At year end it held assets of $1.7m against liabilities of $785k, net assets of $901k. It reported 2 employees.