Fluvanna-Louisa Housing Foundation

Analysis

Fluvanna-Louisa Housing Foundation is a registered charity in United States, based in Louisa, VA. It received its IRS tax-exemption ruling in May 1990, 36 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 June 2023, Fluvanna-Louisa Housing Foundation reported income of $588k and spending of $735k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $381k to $588k (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 68%. 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, Fluvanna-Louisa Housing Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Georgia Ballet Inc ($588k), St Francis House ($588k) and Devil Pups Inc ($588k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $153k (21% of expenses). Other salaries and wages came to $95k. At year end it held assets of $5.7m against liabilities of $2.6m, net assets of $3.1m. It reported 4 employees.