Independence County Housing Inc

Analysis

Independence County Housing Inc is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in April 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 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, Independence County Housing Inc reported income of $77k and spending of $68k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $84k to $77k (-7.7%), an average of -7.7% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independence County Housing Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AR. Charities of a similar size with the same main cause include Branch of Hope ($77k), Building for Christ ($77k) and Community Apartments Corporation of Beaufort County ($77k).

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 $71k against liabilities of $62k, net assets of $8,477.