Hbhci Hud 1 Inc

Analysis

Hbhci Hud 1 Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in June 1994, 32 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 June 2023, Hbhci Hud 1 Inc reported income of $110k and spending of $118k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $98k to $110k (+12%), an average of +2.9% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hbhci Hud 1 Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Spindletop Housing Corporation ($110k), Poplar Place Housing Corporation ($110k) and Fulfilling Housing II Inc ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $26k. At year end it held assets of $374k against liabilities of $40k, net assets of $334k.