Housing Sewanee Incorporated

Analysis

Housing Sewanee Incorporated is a registered charity in United States, based in Sewanee, TN. It received its IRS tax-exemption ruling in March 2024, 2 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 June 2023, Housing Sewanee Incorporated reported income of $67k and spending of $105k, spending 157% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $85k to $67k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Sewanee Incorporated sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Exodus Ranch ($67k), Gnuoy Community Development Corporation ($67k) and Rivers Edge Property Inc ($67k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 16% of the total. At year end it held assets of $533k against liabilities of $1,297, net assets of $532k.