Church Housing for Fairfield Inc

Analysis

Church Housing for Fairfield Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in February 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Church Housing for Fairfield Inc reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+27%), an average of +6.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Church Housing for Fairfield Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include First Homes Properties ($1.9m), Westridge Senior Housing Inc ($1.9m) and Tustin Affordable Housing Corporation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Other salaries and wages came to $302k. At year end it held assets of $5.1m against liabilities of $3.5m, net assets of $1.6m.