Christ the King Housing II Inc 821 S Dale Mabry

Analysis

Christ the King Housing II Inc 821 S Dale Mabry is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, Christ the King Housing II Inc 821 S Dale Mabry reported income of $1.4m and spending of $2.5m, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $951k to $1.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 181% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christ the King Housing II Inc 821 S Dale Mabry sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Housing Association and Development Corp ($1.4m), Itawamba Crossroads Ranch ($1.4m) and Westbourne Housing Development Fund Company Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 15% of the total. Other salaries and wages came to $190k. At year end it held assets of $2.3m against liabilities of $7.3m, net assets of -$4.9m. It reported 5 employees.

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.