Huntsville Partners & Associates Inc

Analysis

Huntsville Partners & Associates Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Huntsville Partners & Associates Inc reported income of $77k and spending of $84k, spending 110% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income grew from $200 to $77k (+38400%), an average of +1862% a year. The sharpest change came in the year to March 2023, when income rose by 128810%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Huntsville Partners & Associates Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include Valley Village New Construction ($77k), Forest Manor Community Development Corporation ($77k) and Revive Outreach Inc ($77k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.