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Scottsboro Housing & Social Services Inc

RegisteredEIN 63-1277201Scottsboro, ALHousing and shelter
Income$2.6m2023-12
Spending$2.0msame year
Spent / received74%5-year average
Size in its cause85th pctHousing and shelter
Exempt since2001Publicly supported organisat
Employees0latest return

Analysis

Scottsboro Housing & Social Services Inc is a registered charity in United States, based in Scottsboro, AL. It received its IRS tax-exemption ruling in November 2001, 25 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, Scottsboro Housing & Social Services Inc reported income of $2.6m and spending of $2.0m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+9.4%), an average of +2.3% a year. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Scottsboro Housing & Social Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Affordable Housing CDC Inc ($2.6m), South Boston Community Housing Inc ($2.6m) and Coalition for Nonprofit Housing and Economic Development ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Other salaries and wages came to $313k. At year end it held assets of $12.3m against liabilities of $104k, net assets of $12.2m.

Income and spending

$0$667k$1.3m$2.0m$2.7m2019 Income: $2,372,4122019 Spending: $1,709,65920192020 Income: $2,299,8772020 Spending: $1,692,37020202021 Income: $2,362,7612021 Spending: $1,691,96420212022 Income: $2,669,4232022 Spending: $1,997,06520222023 Income: $2,594,2472023 Spending: $2,026,0742023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 29%
  • Other 6.2%

Similar-sized charities, same cause

CharityLocationIncome
Affordable Housing CDC IncLadera Ranch$2.6m
South Boston Community Housing IncS Boston$2.6m
Coalition for Nonprofit Housing and Economic DevelopmentWashington$2.6m
Ives Hill Retirement Community IncWatertown$2.6m