Amc Housing Inc

Analysis

Amc Housing Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 2022, Amc Housing Inc reported income of $190k and spending of $210k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $185k to $190k (+2.6%), an average of +0.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amc Housing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Hearts of Gold Police Family Outreach Foundation ($190k), We Heart Lives Inc ($190k) and River City Residential Club Inc ($190k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $15k. At year end it held assets of $508k against liabilities of $814k, net assets of -$306k.