Richard K Thompson Housing Inc
Only null% goes to programs Thin reserves Growing revenue
Richard K Thompson Housing Inc is a 501(c)(3) organization based in Washington, North Carolina, registered in 2005, with $426,225 in FY2025 revenue. CharityIndex grades it F.
Po Box 1706, Washington, NC, 27889 EIN 30-0305941 Since 2005
Revenue (FY2025)
$426K
▲ 14.4% vs prior year
Housing median: $408K
Expenses (FY2025)
$475K
Net assets
-$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Richard K Thompson Housing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -11% 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 Richard K Thompson Housing Inc: 0 mo reserves · -11% margin earns a F 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 Richard K Thompson Housing 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 Richard K Thompson Housing Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1706, Washington, NC, 27889
- City
- Washington
- State
- North Carolina
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $121K (FY2013) to $426K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $3.2MNet assets -$1.7M
Operating margin
-11.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$3.2M
Net assets
-$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $426,225▲14.4% | $474,883▲2.4% | -$1,682,666▼3.0% | $1,492,624▼3.7% | 990 |
| 2024 | $372,589▲8.2% | $463,885▲4.9% | -$1,634,008▼5.9% | $1,549,428▼6.1% | 990 |
| 2023 | $344,270▲13.3% | $442,225▲7.4% | -$1,542,712▼6.8% | $1,650,172▼4.7% | 990 |
| 2022 | $303,884▼1.8% | $411,916▲0.9% | -$1,444,757▼8.1% | $1,732,197▼5.8% | 990 |
| 2021 | $309,340▲7.5% | $408,055▼3.8% | -$1,336,725▼8.0% | $1,838,235▼4.8% | 990 |
| 2020 | $287,708▲14.3% | $424,061▲29.9% | -$1,238,010▼12.4% | $1,931,332▼6.1% | 990 |
| 2019 | $251,636▲11.6% | $326,419▲5.3% | -$1,101,657▼7.3% | $2,056,606▼4.2% | 990 |
| 2018 | $225,530▲12.4% | $309,848▲12.7% | -$1,026,874▼8.9% | $2,147,178▼3.5% | 990 |
| 2017 | $200,640▲10.8% | $275,004▲11.5% | -$942,556▼8.6% | $2,224,096▼2.8% | 990 |
| 2016 | $181,071▲2.9% | $246,652▲4.4% | -$868,192▼8.2% | $2,288,713▼3.2% | 990 |
| 2015 | $175,885▲22.7% | $236,190▲12.3% | -$802,611▼8.1% | $2,364,503▼2.5% | 990 |
| 2014 | $143,389▲18.5% | $210,401▼2.4% | -$742,306▼9.9% | $2,425,222▼3.1% | 990 |
| 2013 | $120,991 | $215,680▲9.9% | -$675,294▼16.3% | $2,503,547▼3.3% | 990 |
| 2012 | — | $196,323▼16.1% | -$580,605▼20.0% | $2,589,002▼3.1% | 990 |
| 2011 | — | $234,016▲7.9% | -$483,790▼30.6% | $2,672,239▼4.3% | 990 |
| 2010 | — | $216,962 | -$370,422 | $2,793,232 | 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 Richard K Thompson Housing Inc a legitimate nonprofit?
- Yes. Richard K Thompson Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0305941, based in Washington, North Carolina. Donations are tax-deductible.
- What is Richard K Thompson Housing Inc's EIN?
- Richard K Thompson Housing Inc's Employer Identification Number (EIN) is 30-0305941.
- How much revenue does Richard K Thompson Housing Inc report?
- Richard K Thompson Housing Inc reported $426,225 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Richard K Thompson Housing Inc have?
- CharityIndex grades Richard K Thompson Housing Inc F, based on financial health (reserves and operating margin).
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Data for Richard K Thompson Housing Inc (EIN 30-0305941) 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.