Titus House Inc
EIN: 311754056 · Columbus, OH · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $732K |
| Total Expenses | $632K |
| Net Assets | $-32,551 |
Is Titus House Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Titus House Inc
Titus House Inc (EIN: 311754056) is a nonprofit organization based in Columbus, OH, classified under NTEE code L40. The organization reported total revenue of $732K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Titus House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Titus House Inc is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $632K |
| Surplus / Deficit | $-32,550 |
| Total Assets | $-32,550 |
| Total Liabilities | $1 |
| Net Assets | $-32,551 |
| Operating Margin | -5.4% |
| Months of Reserves | -0.6 months |
Financial Health Grade: D
In 2023, Titus House Inc reported a deficit of $33K with expenses exceeding revenue, holds -0.6 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2023), Titus House Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +6.2% | -123.8% |
| 2022 | +6.6% | +4.9% | +1.5% |
| 2021 | -8.0% | +10.7% | -16.4% |
| 2020 | +33.0% | +19.0% | +183.4% |
| 2019 | +50.6% | +52.7% | +121.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Titus House Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Titus House Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about Titus House Inc
Is Titus House Inc a legitimate charity?
Titus House Inc (EIN: 311754056) is a registered tax-exempt nonprofit based in Ohio. It has 10 years of IRS 990 filings on record. Total revenue: $732K. No red flags identified. Financial health grade: D.
How does Titus House Inc spend its money?
Titus House Inc reported $732K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Titus House Inc tax-deductible?
Titus House Inc is registered as a tax-exempt nonprofit (EIN: 311754056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Titus House Inc located?
Titus House Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 311754056. It is classified under NTEE code L40.
How many years of IRS 990 filings does Titus House Inc have?
Titus House Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $732K in total revenue.
Filing History
IRS 990 filing history for Titus House Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Titus House Inc's revenue has grown by 133%, moving from $257K to $600K. Total assets decreased by 197.6% over the same period, from $33K to $-32,550. Total functional expenses rose by 182.2%, from $224K to $632K. In its most recent filing year (2023), Titus House Inc reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $600K | $632K | $-32,550 | $1 | — | View 990 |
| 2022 | $605K | $595K | $137K | $1 | — | View 990 |
| 2021 | $567K | $567K | $135K | $1 | — | — |
| 2020 | $617K | $512K | $161K | $1 | — | View 990 |
| 2019 | $464K | $431K | $57K | $0 | — | View 990 |
| 2015 | $308K | $282K | $26K | $0 | — | View 990 |
| 2014 | $280K | $264K | $15K | $264K | — | View 990 |
| 2013 | $267K | $253K | $14K | $14K | — | View 990 |
| 2012 | $260K | $240K | $20K | $0 | — | View 990 |
| 2011 | $257K | $224K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $600K, expenses of $632K, and assets of $-32,550 (revenue -0.9% year-over-year).
- 2022: Revenue of $605K, expenses of $595K, and assets of $137K (revenue +6.6% year-over-year).
- 2021: Revenue of $567K, expenses of $567K, and assets of $135K (revenue -8.0% year-over-year).
- 2020: Revenue of $617K, expenses of $512K, and assets of $161K (revenue +33.0% year-over-year).
- 2019: Revenue of $464K, expenses of $431K, and assets of $57K (revenue +50.6% year-over-year).
- 2015: Revenue of $308K, expenses of $282K, and assets of $26K (revenue +10.0% year-over-year).
- 2014: Revenue of $280K, expenses of $264K, and assets of $15K (revenue +4.7% year-over-year).
- 2013: Revenue of $267K, expenses of $253K, and assets of $14K (revenue +2.8% year-over-year).
- 2012: Revenue of $260K, expenses of $240K, and assets of $20K (revenue +0.9% year-over-year).
- 2011: Revenue of $257K, expenses of $224K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Titus House Inc:
Data Sources and Methodology
This transparency report for Titus House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.