Ami Housing Corporation

Analysis

Ami Housing Corporation is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ami Housing Corporation reported income of $163k and spending of $191k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $163k (+18%), an average of +4.2% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ami Housing Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Riverview High School Foundation Inc ($163k), Rescuers Wingman ($163k) and Randolph Area Foundation Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $20k, net assets of $135k.

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.