Flagstaff Housing Corporation

Analysis

Flagstaff Housing Corporation is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in August 1982, 44 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, Flagstaff Housing Corporation reported income of $1.4m and spending of $1.2m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.4m (+8.6%), an average of +2.8% a year. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Flagstaff Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Davis Community Meals ($1.4m), Massachusetts Chapter of the Natl Assoc of Housing & Redevelopment O ($1.4m) and Asian Pacific Self-Development and Residencial Association ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $164k. At year end it held assets of $2.7m against liabilities of $393k, net assets of $2.3m.