Association for Retarded Citizens Housing Development Services Inc

Analysis

Association for Retarded Citizens Housing Development Services Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in December 1988, 38 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).

In the financial year ending September 2023, Association for Retarded Citizens Housing Development Services Inc reported income of $9.7m and spending of $9.4m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.5m to $9.7m (+1.8%), an average of +0.4% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Association for Retarded Citizens Housing Development Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Western Reserve Revitalization & Management Co ($9.7m), Center for Veterans Issues Inc ($9.7m) and Community Housing Improvement Systems and Planning Assn Inc ($9.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. At year end it held assets of $37.2m against liabilities of $41.8m, net assets of -$4.6m.