Clermont Housing Corporation

Analysis

Clermont Housing Corporation is a registered charity in United States, based in Batavia, OH. It received its IRS tax-exemption ruling in April 2018, 8 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 September 2023, Clermont Housing Corporation reported income of $330k and spending of $322k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $917k to $330k (-64%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 83%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clermont 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 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Ucc XX Inc ($329k), Edgewood Village Inc ($330k) and Good News Shelter Corporation ($329k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.1m.