Andrew Housing Company

Analysis

Andrew Housing Company is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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 2024, Andrew Housing Company reported income of $106k and spending of $131k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $127k to $106k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Andrew Housing Company sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within AK. Charities of a similar size with the same main cause include Carrollton High School Band Booster Club Inc ($106k), New Braunfels Historic Railroad and Modellers Society Inc ($106k) and Oakland Heritage Alliance ($106k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $483k against liabilities of $1.1m, net assets of -$600k.

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.