Sag Harbor Community Housing Trust Inc

Analysis

Sag Harbor Community Housing Trust Inc is a registered charity in United States, based in Sag Harbor, NY. It received its IRS tax-exemption ruling in October 2009, 17 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, Sag Harbor Community Housing Trust Inc reported income of $106k and spending of $210k, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $208k to $106k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sag Harbor Community Housing Trust Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Rall Place Inc ($106k), Hope at Miracle House ($106k) and Ida Harmony House Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $28k. At year end it held assets of $3.0m against liabilities of $710k, net assets of $2.3m. It reported 1 employees.