Douglas County Ventures Inc

Analysis

Douglas County Ventures Inc is a registered charity in United States, based in Austell, GA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Douglas County Ventures Inc reported income of $91k and spending of $100k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $86k to $91k (+6.5%), an average of +6.5% a year. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Douglas County Ventures Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Cascade Cluster Apartment Associates ($91k), Argentine Neighborhood Development Association ($91k) and Robertson Residential Center Inc ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $90k against liabilities of $257k, net assets of -$168k.