Townsend Housing Inc

Analysis

Townsend Housing Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in September 2011, 15 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, Townsend Housing Inc reported income of $139k and spending of $107k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $139k (+1.8%), an average of +1.8% a year. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Townsend Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MT. Charities of a similar size with the same main cause include Rebuilding Together Greater HBG Inc ($139k), Tacoma-Pierce County Affordable Housing Consortium ($140k) and Home Together Fund ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $89k against liabilities of $88k, net assets of $1,322.