Episcopal Housing Ministry Inc

Analysis

Episcopal Housing Ministry Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 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 December 2023, Episcopal Housing Ministry Inc reported income of $558k and spending of $19k, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $406k to $558k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 3.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Episcopal Housing Ministry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Ahepa-Penelope 120 Inc ($557k), Ahepa 310-Vi Inc ($558k) and Group Living Facilities Non-Profit Housing Corporation ($557k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.