Ehc Newton Realty Inc

Analysis

Ehc Newton Realty Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ehc Newton Realty Inc reported income of $638k and spending of $745k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $596k to $638k (+7.0%), an average of +3.5% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ehc Newton Realty Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KS. Charities of a similar size with the same main cause include Rosamond Hills Inc ($638k), Belmont Independent Living Inc ($638k) and St Cloud Villas Phase II Inc ($638k).

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 $10.1m against liabilities of $10.3m, net assets of -$219k.