Sebring Housing Research and Development Inc

Analysis

Sebring Housing Research and Development Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in June 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sebring Housing Research and Development Inc reported income of $392k and spending of $347k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $392k (+7.2%), an average of +1.8% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sebring Housing Research and Development Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Assisi Homes of Neenah Inc ($392k), Arkansas Community Institute ($392k) and United Church Residences of Winder Georgia Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. Other salaries and wages came to $53k. At year end it held assets of $404k against liabilities of $761k, net assets of -$357k. It reported 5 employees.