Falls Village Housing Trust Inc

Analysis

Falls Village Housing Trust Inc is a registered charity in United States, based in Falls Village, CT. It received its IRS tax-exemption ruling in December 2017, 9 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, Falls Village Housing Trust Inc reported income of $78k and spending of $61k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $78k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Falls Village Housing Trust Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Papas House Inc ($78k), Perrperry Lake Nonprofit Housing ($78k) and National Housing Resource Group Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $515k against liabilities of $438k, net assets of $77k.