Orchard Communities Inc

Analysis

Orchard Communities Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2021, Orchard Communities Inc reported income of $435k and spending of $374k, spending 86% of its income. Across the 5 years on record, from December 2017 to December 2021, income grew from $233k to $435k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orchard Communities Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Envision Communities Inc ($435k), Powers Housing Development Inc ($435k) and Nelson Luquer Housing Development Fund Corporation ($435k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $89k (24% of expenses). Other salaries and wages came to $44k. At year end it held assets of $13.5m against liabilities of $27k, net assets of $13.5m. It reported 2 employees.