A & I Housing Inc

Analysis

A & I Housing Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 2022, A & I Housing Inc reported income of $204k and spending of $206k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $205k to $204k (-0.3%), an average of -0.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A & I Housing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within DE. Charities of a similar size with the same main cause include Williamsburg Volunteer Fire Company 1 ($204k), Adventist Theological Society Inc ($204k) and River Plaza Hose Company No 1 ($204k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $23k. At year end it held assets of $399k against liabilities of $466k, net assets of -$67k.