Simba Housing Inc

Analysis

Simba Housing Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Simba Housing Inc reported income of $3.0m and spending of $2.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.0m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Simba Housing Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Homeless Leadership Alliance of Pinellas Inc ($3.0m), Pregnancy Resource Center ($3.0m) and Ventures Unlimited Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $262k. At year end it held assets of $8.0m against liabilities of $7.0m, net assets of $989k.