Comprehensive Housing Assistance Inc
Analysis
Comprehensive Housing Assistance Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1973, 53 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, Comprehensive Housing Assistance Inc reported income of $15.8m and spending of $5.5m, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $15.8m (+373%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 177%. Over the whole period it spent 71% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Comprehensive Housing Assistance Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Homeless Alliance ($15.7m), Indiana Masonic Home Inc ($15.8m) and Housing Partnership Inc ($15.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $900k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $46.5m against liabilities of $8.1m, net assets of $38.4m. It reported 51 employees.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 43%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Homeless Alliance | Oklahoma City | $15.7m |
| Indiana Masonic Home Inc | Franklin | $15.8m |
| Housing Partnership Inc | Riviera Beach | $15.7m |
| American Family Housing | Midway City | $15.8m |