Centennial Supportive Housing Center

Analysis

Centennial Supportive Housing Center is a registered charity in United States, based in Brush, CO. It received its IRS tax-exemption ruling in April 2005, 21 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, Centennial Supportive Housing Center reported income of $138k and spending of $178k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $138k (+10%), an average of +2.4% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Centennial Supportive Housing Center sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Olympia Foundation ($138k), Hampton Woods Retirement Community Inc ($138k) and Handy House ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% of the total. At year end it held assets of $2.1m against liabilities of $11k, net assets of $2.1m.

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.