June10 Inc

Analysis

June10 Inc is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in November 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 (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, June10 Inc reported income of $94k and spending of $131k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $94k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, June10 Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Back of the Hill Community Development Corporation ($94k), Alabama Housing Foundation Inc ($94k) and Grace Manor Housing Corporation ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 18% of the total. At year end it held assets of $279k against liabilities of $83k, net assets of $195k.