Fairview Housing Management

Analysis

Fairview Housing Management is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in August 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 2023, Fairview Housing Management reported income of $6.1m and spending of $5.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $6.1m (+482%), an average of +55% a year. The sharpest change came in the year to June 2021, when income rose by 348%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fairview Housing Management sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity Chicago ($6.1m), Mount St Mary Inc ($6.1m) and Wisconsin Balance of State Continuum of Care Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $75k (1.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.4m against liabilities of $2.1m, net assets of $4.3m. It reported 81 employees.