Ayres Housing Inc

Analysis

Ayres Housing Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ayres Housing Inc reported income of $123k and spending of $198k, spending 160% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income grew from $121k to $123k (+1.8%), an average of +0.6% a year. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ayres Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Mother Teresa Charitable Trust Inc ($123k), Henderson Center Residential Services Inc ($123k) and Maine Pooled Disability TR ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $416k against liabilities of $976k, net assets of -$560k.

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.