Disciples Housing of New Albany Indiana Inc

Analysis

Disciples Housing of New Albany Indiana Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in March 2010, 16 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 December 2023, Disciples Housing of New Albany Indiana Inc reported income of $284k and spending of $210k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $284k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Disciples Housing of New Albany Indiana Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Washtenaw Housing Alliance ($284k), Asi Roseville Inc ($284k) and Will Wood V ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 38% of the total. Other salaries and wages came to $57k. At year end it held assets of $656k against liabilities of $85k, net assets of $571k. It reported 2 employees.