Corporation for Supportive Housing

Analysis

Corporation for Supportive Housing is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1991, 35 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, Corporation for Supportive Housing reported income of $75.3m and spending of $53.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $38.4m to $75.3m (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Corporation for Supportive Housing sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include NHP Foundation ($74.5m), Horizon Development Properties Inc ($77.5m) and Massachusetts Housing Investment Corp ($73.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $2.5m (4.8% of expenses). Other salaries and wages came to $19.0m. At year end it held assets of $280.7m against liabilities of $193.3m, net assets of $87.4m. It reported 196 employees.