Community Housing Services Inc

Analysis

Community Housing Services Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in May 1995, 31 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 December 2023, Community Housing Services Inc reported income of $265k and spending of $350k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $265k (+13%), an average of +3.0% a year. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Housing Services Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Lacrescent Elderly Housing Group Inc ($265k), Tel-Hai Apartments Inc ($265k) and Walton High School Foundation Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $853k against liabilities of $2.5m, net assets of -$1.7m.

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.