Heritage Towers of the Christian Church Doc

Analysis

Heritage Towers of the Christian Church Doc is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heritage Towers of the Christian Church Doc reported income of $751k and spending of $821k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $777k to $751k (-3.3%), an average of -0.8% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Heritage Towers of the Christian Church Doc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within WY. Charities of a similar size with the same main cause include Saginaw Catholic Mustard Seed Foundation ($750k), Fair Housing Center of Metropolitan Detroit ($752k) and Prince of Peace Senior Apartments Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $219k. At year end it held assets of $1.3m against liabilities of $1.7m, net assets of -$361k.