Intercommunity Housing Ferndale
Analysis
Intercommunity Housing Ferndale is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2012, 14 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, Intercommunity Housing Ferndale reported income of $343k and spending of $448k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $343k (+8.0%), an average of +2.0% a year. Over the whole period it spent 129% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Intercommunity Housing Ferndale sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Quah Prevention and Recovery Center Incorporated ($343k), Support Services for the Developmentally Disabled ($343k) and Saxonburg Presbyterian Senior Housing Inc ($343k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. At year end it held assets of $1.3m against liabilities of $872k, net assets of $461k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 40%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Quah Prevention and Recovery Center Incorporated | Tahlequah | $343k |
| Support Services for the Developmentally Disabled | University Place | $343k |
| Saxonburg Presbyterian Senior Housing Inc | Oakmont | $343k |
| Clarksville Community Development Corporation | Austin | $343k |