Cumberland-Perry Housing Initiatives Inc

Analysis

Cumberland-Perry Housing Initiatives Inc is a registered charity in United States, based in Carlisle, PA. It received its IRS tax-exemption ruling in January 1996, 30 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, Cumberland-Perry Housing Initiatives Inc reported income of $141k and spending of $75k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $141k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cumberland-Perry Housing Initiatives Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include St Catherine Manor Inc ($141k), Landmark Homes for Elderly Inc ($141k) and Hearts of Hope Ukraine ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 27% of the total. At year end it held assets of $853k against liabilities of $90k, net assets of $763k.