Retiree Housing of Birmingham Inc

Analysis

Retiree Housing of Birmingham Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in September 1990, 36 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, Retiree Housing of Birmingham Inc reported income of $477k and spending of $499k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $426k to $477k (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Retiree Housing of Birmingham Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Knoxville Dream Center Inc ($477k), Clear Brook Housing Inc ($478k) and Eufaula Housing Development Inc ($477k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $51k. At year end it held assets of $551k against liabilities of $1.2m, net assets of -$638k. It reported 3 employees.