Community House at St Thomas Corporation

Analysis

Community House at St Thomas Corporation is a registered charity in United States, based in Perth Amboy, NJ. It received its IRS tax-exemption ruling in February 1997, 29 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 June 2024, Community House at St Thomas Corporation reported income of $92k and spending of $127k, spending 138% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $112k to $92k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community House at St Thomas Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Mohn Street Accessible Housing Inc ($92k), Daniels Crossing ($92k) and Twin Peaks 28 Inc ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $197k against liabilities of $526k, net assets of -$330k.