Capitol Crossing Senior Affordablehousing Inc

Analysis

Capitol Crossing Senior Affordablehousing Inc is a registered charity in United States, based in Washington Court House, OH. It received its IRS tax-exemption ruling in September 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, Capitol Crossing Senior Affordablehousing Inc reported income of $90k and spending of $170k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $90k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 144% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Capitol Crossing Senior Affordablehousing Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include South Amboy Renaissance Corporation ($90k), Homes for California ($90k) and Philoxenia Charities ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $1.3m against liabilities of $27k, net assets of $1.3m.

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.