Communities First Inc

Analysis

Communities First Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in April 2011, 15 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, Communities First Inc reported income of $10.7m and spending of $7.1m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $10.7m (+246%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Communities First Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Eah-Contra Costa Inc ($10.6m), Fit-Nhnh Inc ($10.7m) and Taconic Innovations Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 50% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $52.8m against liabilities of $3.2m, net assets of $49.6m. It reported 38 employees.