Adventist Housing Corporation

Analysis

Adventist Housing Corporation is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in June 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Adventist Housing Corporation reported income of $981k and spending of $948k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $938k to $981k (+4.6%), an average of +2.3% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventist Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Community Safety Network ($981k), Braking Cycles ($981k) and National Association of University Women ($981k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 99% of the total. At year end it held assets of $813k against liabilities of $2.8m, net assets of -$2.0m. It reported 7 employees.