Hacfs Properties

Analysis

Hacfs Properties is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in March 2023, 3 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, Hacfs Properties reported income of $230k and spending of $218k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $257k to $230k (-11%), an average of -10% a 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, Hacfs Properties sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Summerfield Senior Residences Inc ($230k), West Warren Housing Inc ($230k) and Hollywood Housing 811-97 ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $2.4m against liabilities of $2.3m, net assets of $162k.