Creative Housing Inc V

Analysis

Creative Housing Inc V is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 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 December 2023, Creative Housing Inc V reported income of $84k and spending of $150k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $84k (+11%), an average of +2.6% a year. Over the whole period it spent 187% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Creative Housing Inc V sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Pine Meadows Senior Housing ($84k), Neighborhood Housing Services of Minneapolis Inc ($84k) and Housing Works 2605-2609 Pitkin Housing Development Fund ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $788k against liabilities of $15k, net assets of $773k.

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.