Housing Resource Center Inc

Analysis

Housing Resource Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1995, 31 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 September 2023, Housing Resource Center Inc reported income of $588k and spending of $765k, spending 130% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income grew from $477k to $588k (+23%), an average of +4.3% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Resource Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Safe Harbors Network ($588k), Ebc Housing Corporation ($588k) and Brownwood Manor Inc ($588k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $220k. At year end it held assets of $568k against liabilities of $18k, net assets of $550k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.