R-lcoa Housing Development Corporation Inc
Only null% goes to programs Thin reserves Growing revenue
R-lcoa Housing Development Corporation Inc is a 501(c)(3) organization based in Columbia, South Carolina, registered in 1980, with $688,502 in FY2023 revenue. CharityIndex grades it C.
3905 Ensor Avenue Suite 113, Columbia, SC, 29203 EIN 58-1396693 Since 1980
Revenue (FY2023)
$689K
▲ 4.3% vs prior year
Housing median: $408K
Expenses (FY2023)
$480K
Net assets
$18K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for R-lcoa Housing Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +30% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For R-lcoa Housing Development Corporation Inc: 0 mo reserves · +30% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for R-lcoa Housing Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For R-lcoa Housing Development Corporation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3905 Ensor Avenue Suite 113, Columbia, SC, 29203
- City
- Columbia
- State
- South Carolina
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $572K (FY2013) to $689K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.8MNet assets $18K
Operating margin
30.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$1.8M
Net assets
$18K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $688,502▲4.3% | $480,330▼31.3% | $18,424▲110% | $1,850,422▲8.2% | 990 |
| 2022 | $660,209▲3.4% | $699,065▲26.2% | -$189,748▼25.8% | $1,710,356▲1.4% | 990 |
| 2021 | $638,566▲7.5% | $553,961▲15.5% | -$150,892▲35.9% | $1,687,083▲5.7% | 990 |
| 2020 | $593,746▼5.5% | $479,469▼8.8% | -$235,497▲32.7% | $1,595,799▲4.4% | 990 |
| 2019 | $628,315▲3.7% | $525,990▼5.5% | -$349,774▲22.6% | $1,528,793▼0.5% | 990 |
| 2018 | $605,682 | $556,481▼3.8% | -$452,099▲9.8% | $1,536,289▼0.9% | 990 |
| 2017 | $605,885▲0.6% | $578,708▲7.6% | -$501,300▲5.1% | $1,550,304▼0.4% | 990 |
| 2016 | $602,039▲1.5% | $538,029▲3.4% | -$528,477▲10.8% | $1,556,150▲5.7% | 990 |
| 2015 | $593,103▲3.1% | $520,107▼3.3% | -$592,487▲11.0% | $1,472,183▲1.1% | 990 |
| 2014 | $575,234▲0.6% | $537,595▲5.6% | -$665,483▲5.4% | $1,456,520▼0.6% | 990 |
| 2013 | $571,689 | $509,274▼10.1% | -$703,122▲8.2% | $1,465,318▲3.8% | 990 |
| 2012 | — | $566,693▲3.5% | -$765,537▼0.4% | $1,412,187▼7.3% | 990 |
| 2011 | — | $547,345▲6.0% | -$762,647▼0.1% | $1,523,239▲5.4% | 990 |
| 2010 | — | $516,385 | -$761,752 | $1,445,323 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is R-lcoa Housing Development Corporation Inc a legitimate nonprofit?
- Yes. R-lcoa Housing Development Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1396693, based in Columbia, South Carolina. Donations are tax-deductible.
- What is R-lcoa Housing Development Corporation Inc's EIN?
- R-lcoa Housing Development Corporation Inc's Employer Identification Number (EIN) is 58-1396693.
- How much revenue does R-lcoa Housing Development Corporation Inc report?
- R-lcoa Housing Development Corporation Inc reported $688,502 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does R-lcoa Housing Development Corporation Inc have?
- CharityIndex grades R-lcoa Housing Development Corporation Inc C, based on financial health (reserves and operating margin).
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Data for R-lcoa Housing Development Corporation Inc (EIN 58-1396693) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.