Thomaston Voa Housing Inc

Analysis

Thomaston Voa Housing Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in September 1996, 30 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 2024, Thomaston Voa Housing Inc reported income of $82k and spending of $113k, spending 137% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $69k to $82k (+18%), an average of +5.8% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thomaston Voa Housing Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Mullins-Roberts Apts Inc ($82k), CHT Vision Inc ($82k) and Arrowhead Place Apartments Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $330k against liabilities of $38k, net assets of $292k.

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.