Passes our checks

Top House Inc

EIN 01-0882170 · Danvers, MA

Public records show a registered, tax-exempt organization in good standing.

What it says it does

HOLD REAL ESTATE FOR ITS RELATED 501(C)(3) ORGANIZATION.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 32 out of 100. Higher than 32% of charities in its peer group (housing, under $250k).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20
It owes 83% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 97% of income.
Income trend
15 of 15
Income rose 21% on the year before.
Spending floor
15 of 15
93% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 65 out of 100. Higher than 36% of charities in its peer group (housing, under $250k).

Independent board
0 of 25
2 of 2 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
0 of 5
Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$83,298 spent. REAL ESTATE - TOP HOUSE, INC. OWNS A RESIDENTIAL HOME IN TOPSFIELD, MA BUILT WITH HUD FUNDING, WHICH IS HOME TO 4 INDIVIDUALS WITH DISABILITIES WHO ARE RECEIVED SERVICES THROUGH PROGRAMS OPERATED BY NORTHEAST ARC, INC., AN AFFILIATED 501(C)(3) NON-PROFIT ORGANIZATION.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.