Housing Services Inc
Analysis
Housing Services Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in October 1985, 41 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 June 2023, Housing Services Inc reported income of $132k and spending of $110k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $135k to $132k (-2.2%), an average of -2.2% a year. Over the whole period it spent 80% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Services Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Transitions DMC Inc ($132k), Afiya Apartments Inc ($132k) and Freedom House Ministries FHM ($132k).
On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $269k against liabilities of $184k, net assets of $86k.
Income and spending
Where the income comes from
- Program services 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Transitions DMC Inc | Burlington | $132k |
| Afiya Apartments Inc | Eugene | $132k |
| Freedom House Ministries FHM | Bedford | $132k |
| Ramona Estates Inc | Los Angeles | $132k |