Caap Housing Inc

Analysis

Caap Housing Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caap Housing Inc reported income of $449k and spending of $485k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $425k to $449k (+5.6%), an average of +1.4% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Caap Housing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Community Services of Nevada CSNV ($449k), Home Full of Grace ($449k) and Marin Homes for Independent Living ($449k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Other salaries and wages came to $53k. At year end it held assets of $626k against liabilities of $1.9m, net assets of -$1.3m.