Peoria Housing Authority Development Corporation NFP

Analysis

Peoria Housing Authority Development Corporation NFP is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in December 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peoria Housing Authority Development Corporation NFP reported income of $205k and spending of $2,615, leaving 99% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $978k to $205k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 0.2% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peoria Housing Authority Development Corporation NFP sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Immanuel Childrens Foundation ($205k), Murfreesboro Rescue Mission Inc ($205k) and Stephenson Place ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $639k against liabilities of $6,510, net assets of $632k.