Center-South Housing Development Corporation

Analysis

Center-South Housing Development Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center-South Housing Development Corporation reported income of $349k and spending of $154k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $144k to $349k (+143%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 1006%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center-South Housing Development Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Bella Pregnancy Resource Center ($349k), The Relationship Resource ($349k) and Logan Medical Foundation ($349k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 14% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.1m against liabilities of $363k, net assets of $1.7m.