Croft House Inc

Analysis

Croft House Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 September 2023, Croft House Inc reported income of $1.0m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $966k to $1.0m (+8.4%), an average of +2.0% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Croft House Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Citizens Library Association of Washington Pa ($1.0m) and Boulder City Museum & Historical Association ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $879k against liabilities of $1.8m, net assets of -$912k.