Tse Koo Housing Corporation

Analysis

Tse Koo Housing Corporation is a registered charity in United States, based in Brimhall, NM. It received its IRS tax-exemption ruling in August 1981, 45 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 June 2023, Tse Koo Housing Corporation reported income of $94k and spending of $79k, spending 84% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $96k to $94k (-1.8%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tse Koo Housing Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within NM. Charities of a similar size with the same main cause include Southeast Oklahoma Community Development Corporation ($94k), House of Peace Ministries ($94k) and Oak Place Inc ($94k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $165k against liabilities of $107k, net assets of $58k.