Fairview Housing Inc

Analysis

Fairview Housing Inc is a registered charity in United States, based in Dunn, NC. It received its IRS tax-exemption ruling in July 1999, 27 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, Fairview Housing Inc reported income of $229k and spending of $295k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $229k (+14%), an average of +3.3% a year. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fairview Housing Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Heartland Hope and Homes Inc ($229k), Lutheran Housing Corporation of California ($230k) and Portland Collective Housing Syndicate ($229k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $703k against liabilities of $2.7m, net assets of -$2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.