Community Services Second Housing Corporation

Analysis

Community Services Second Housing Corporation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2010, 16 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, Community Services Second Housing Corporation reported income of $58k and spending of $123k, spending 212% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $58k (+4.1%), an average of +1.0% a year. Over the whole period it spent 192% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Services Second Housing Corporation sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Hope Renewed Realty Corporation ($58k), Revitalization Effort Toward New Urbanism ($58k) and Hearth Foundation Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $9,106. At year end it held assets of $822k against liabilities of $32k, net assets of $790k.

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.