Cobbs Creek Housing Services Inc

Analysis

Cobbs Creek Housing Services Inc is a registered charity in United States, based in Uppr Chichstr, PA. It received its IRS tax-exemption ruling in February 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 (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 2023, Cobbs Creek Housing Services Inc reported income of $873k and spending of $908k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $873k (-45%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cobbs Creek Housing Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Hampton Roads Residential Services Inc ($872k), Emmaus House Foundation Inc ($873k) and U M Army ($872k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $332k. At year end it held assets of $961k against liabilities of $250k, net assets of $711k.

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.