Volga-Canal Housing Inc

Analysis

Volga-Canal Housing Inc is a registered charity in United States, based in Hays, KS. It received its IRS tax-exemption ruling in April 1991, 35 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 2024, Volga-Canal Housing Inc reported income of $124k and spending of $75k, leaving 39% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $124k (+2.1%), an average of +2.1% a year. Over the whole period it spent 63% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Volga-Canal Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KS. Charities of a similar size with the same main cause include Olive Hill Community Economic Development Corporation ($124k), Magnolia Housing Corporation of Natchitoches Inc ($124k) and Palmetto Housing Corporation ($124k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $311k against liabilities of $34k, net assets of $277k.