Creative Housing Inc VI

Analysis

Creative Housing Inc VI is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 2007, 19 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, Creative Housing Inc VI reported income of $84k and spending of $158k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $84k (+8.7%), an average of +2.1% a year. Over the whole period it spent 174% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Creative Housing Inc VI sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Galax Hope House Ministries Inc ($84k), Bethlehem Inn of Waseca ($84k) and Community Apartments Corporation of Gaston County ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $783k against liabilities of $18k, net assets of $766k.

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.