Blue Ridge Housing Network Inc

Analysis

Blue Ridge Housing Network Inc is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in February 1997, 29 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 2024, Blue Ridge Housing Network Inc reported income of $244k and spending of $281k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $452k to $244k (-46%), an average of -14% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blue Ridge Housing Network Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Adams County Habitat for Humanity Inc ($244k), Seeds of Hope Inc ($244k) and Elder Services Inc ($244k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 16% of the total. Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $187k, net assets of $872k. It reported 4 employees.