Citizens Housing & Planning Association Inc

Analysis

Citizens Housing & Planning Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1967, 59 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Citizens Housing & Planning Association Inc reported income of $3.4m and spending of $3.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $3.4m (-30%), an average of -8.6% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Citizens Housing & Planning Association Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Micah House Corporation ($3.4m), Seven Corners Community Housing Corporation ($3.4m) and Habitat for Humanity ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $347k (9.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.2m. It reported 22 employees.

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.