H C Housing Inc

Analysis

H C Housing Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in December 1982, 44 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 September 2024, H C Housing Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $1.1m to $1.2m (+11%), an average of +2.6% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H C Housing Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Alabama a & M University Foundation ($1.2m), Hda Research Foundation ($1.2m) and Terry Home a Non-Profit Corporation ($1.2m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $243k. At year end it held assets of $2.2m against liabilities of $2.6m, net assets of -$393k. It reported 6 employees.