United Housing Associates Inc

Analysis

United Housing Associates Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, United Housing Associates Inc reported income of $354k and spending of $1.2m, spending 332% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.5m to $354k (-76%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Housing Associates Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Glory Hope & Life Inc ($354k), BHR Housing Properties ($354k) and Evidence Based Addiction Medicine ($354k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Other salaries and wages came to $205k. At year end it held assets of $8.9m against liabilities of $2.4m, net assets of $6.5m.