Draymont Housing Corporation

Analysis

Draymont Housing Corporation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Draymont Housing Corporation reported income of $133k and spending of $142k, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $129k to $133k (+3.5%), an average of +0.9% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Draymont Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Woodbridge Homes for Elderly Inc ($133k), Borough Park Housing Corporation ($133k) and Taylor Family Housing Inc ($133k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $634k against liabilities of $27k, net assets of $607k.