Community Housing Trust of Sarasota Inc

Analysis

Community Housing Trust of Sarasota Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in April 2007, 19 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 September 2023, Community Housing Trust of Sarasota Inc reported income of $297k and spending of $33k, leaving 89% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $69k to $297k (+327%), an average of +44% a year. The sharpest change came in the year to September 2023, when income rose by 2004%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Trust of Sarasota Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Clinton County Services for the Homeless Inc ($297k), Facts-Sunrise Inc ($297k) and Resident Association of Laurel Lake Retirement Community of Hudson Oh ($296k).

Compensation of current officers, directors and key employees was $13k (39% of expenses). At year end it held assets of $2.6m against liabilities of -$3,121, net assets of $2.6m.