Community Housing Resource Board of Southern Bergen County Inc

Analysis

Community Housing Resource Board of Southern Bergen County Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in May 1985, 41 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 March 2024, Community Housing Resource Board of Southern Bergen County Inc reported income of $921k and spending of $450k, leaving 51% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $499k to $921k (+85%), an average of +16% a year. The sharpest change came in the year to March 2024, when income rose by 59%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Resource Board of Southern Bergen County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Houston Sro Housing Corporation ($920k), Midland Visions 2000 ($921k) and Culpepper Garden I Incorporated ($920k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 31% and program service revenue 66% of the total. Other salaries and wages came to $92k. At year end it held assets of $1.7m against liabilities of $180k, net assets of $1.6m.