Imperial Housing Corporation

Analysis

Imperial Housing Corporation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2023, Imperial Housing Corporation reported income of $118k and spending of $117k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $118k (+48%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Imperial Housing Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Aidylberg II Inc ($118k), Fall Creek Valley Housing Inc ($119k) and Light House Station ($118k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 24% of the total. At year end it held assets of $251k against liabilities of $33k, net assets of $217k.