Continuum Supportive Housing of

Analysis

Continuum Supportive Housing of is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Continuum Supportive Housing of reported income of $171k and spending of $261k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $213k to $171k (-19%), an average of -5.3% a year. The sharpest change came in the year to June 2020, when income rose by 297%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Continuum Supportive Housing of sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include CMRS IV Inc ($171k), New Eve Ministries ($171k) and Graceland Terrace Housing Development Fund Corp ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $11k. At year end it held assets of $793k against liabilities of $237k, net assets of $556k.

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.