Ameriserve Housing Inc

Analysis

Ameriserve Housing Inc is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in August 2016, 10 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 2023, Ameriserve Housing Inc reported income of $484k and spending of $443k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $484k (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ameriserve Housing Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Abbey RHF Housing Inc ($484k), Suncoast Charities for Children Inc ($484k) and Taylorsville Senior Housing Corporation ($484k).

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 $128k against liabilities of -$14k, net assets of $142k.