H V Real Estate Holdings Inc

Analysis

H V Real Estate Holdings Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, H V Real Estate Holdings Inc reported income of $455k and spending of $472k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8,680 to $455k (+5143%), an average of +169% a year. The sharpest change came in the year to December 2021, when income rose by 2222%. 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, H V Real Estate Holdings Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 63rd percentile within VT. Charities of a similar size with the same main cause include RJ Barrett Manor Housing Development Fund Co Inc ($455k), Las Villas de Magnolia Inc ($455k) and Glendale Housing Development Corporation ($455k).

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 $3.5m against liabilities of $3.1m, net assets of $345k.