Church Housing Corp of Phoenixville

Analysis

Church Housing Corp of Phoenixville is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in January 1999, 27 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 December 2023, Church Housing Corp of Phoenixville reported income of $493k and spending of $598k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $493k (+12%), an average of +2.9% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Church Housing Corp of Phoenixville sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Preserve Spencer House Inc ($493k), Alpha Homes Inc ($493k) and Salishan Senior Housing ($493k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (5.4% of expenses). Other salaries and wages came to $134k. At year end it held assets of $2.8m against liabilities of $51k, net assets of $2.7m.

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.