Davenport Holding Properties Inc

Analysis

Davenport Holding Properties Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in November 2022, 4 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 June 2023, Davenport Holding Properties Inc reported income of $165k and spending of $0, leaving 100% of income unspent that year. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Davenport Holding Properties Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Cheneyville Housing Development Corporation ($165k), Kershaw Special Housing Inc ($165k) and Peaceful Maison Inc ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $42k against liabilities of $1,702, net assets of $41k.