Cathedral Square Housing Inc

Analysis

Cathedral Square Housing Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cathedral Square Housing Inc reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $1.6m to $1.7m (+11%), an average of +3.5% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cathedral Square Housing Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Bronx Overall Economic Development Corporation ($1.7m), St Peters Haven Corporation ($1.7m) and Faatz-Crofut Home for the Elderly ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Other salaries and wages came to $344k. At year end it held assets of $3.8m against liabilities of $4.0m, net assets of -$161k. It reported 12 employees.