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Comprehensive Housing Assistance Inc

RegisteredEIN 23-7097000Baltimore, MDHousing and shelter
Income$15.8m2023-06
Spending$5.5msame year
Spent / received71%5-year average
Size in its cause97th pctHousing and shelter
Exempt since1973Publicly supported organisat
Employees51latest return

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

$0$3.9m$7.9m$11.8m$15.8m2019 Income: $3,338,6862019 Spending: $4,348,97420192020 Income: $3,858,6312020 Spending: $4,253,66320202021 Income: $4,587,9202021 Spending: $5,074,01820212022 Income: $5,696,2682022 Spending: $4,403,78520222023 Income: $15,776,2062023 Spending: $5,544,3402023
IncomeSpending

Where the income comes from

  • Contributions & grants 57%
  • Program services 43%

Similar-sized charities, same cause

CharityLocationIncome
Homeless AllianceOklahoma City$15.7m
Indiana Masonic Home IncFranklin$15.8m
Housing Partnership IncRiviera Beach$15.7m
American Family HousingMidway City$15.8m