Truckee Meadows Housing Solutions

Analysis

Truckee Meadows Housing Solutions is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 2019, 7 years ago. 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, Truckee Meadows Housing Solutions reported income of $69k and spending of $73k, spending 105% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $100k to $69k (-31%), an average of -31% a year. The sharpest change came in the year to September 2023, when income dropped by 31%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truckee Meadows Housing Solutions sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within NV. Charities of a similar size with the same main cause include The Nacaa Educational Foundation ($69k), Habitat for Humanity International Inc ($69k) and Pop Warner Little Scholars Inc ($69k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $56k, net assets of $60k.