Housing Agency for Retarded Citizens Inc II

Analysis

Housing Agency for Retarded Citizens Inc II is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 1992, 34 years ago. 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 Agency for Retarded Citizens Inc II reported income of $1.4m and spending of $250k, leaving 83% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $757k to $1.4m (+90%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 65%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Agency for Retarded Citizens Inc II sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Seneca Hills Bible Conference ($1.4m), Teen Challenge of the Dakotas ($1.4m) and Boys Farm Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 64% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.