CMRS IV Inc

Analysis

CMRS IV Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in May 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CMRS IV Inc reported income of $171k and spending of $159k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $182k to $171k (-5.9%), an average of -1.5% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CMRS IV Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Graceland Terrace Housing Development Fund Corp ($171k), Continuum Supportive Housing of ($171k) and Community Housing II Inc ($171k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $506k against liabilities of $1.5m, net assets of -$989k.