Creative Housing Inc

Analysis

Creative Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1992, 34 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 reported income of $5.5m and spending of $5.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $5.5m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 110% 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 sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Opelika Housing Development Inc ($5.5m), Christopher Community Inc ($5.5m) and Cathedral Arms Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 154% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $321k (6.4% of expenses). Other salaries and wages came to $366k. At year end it held assets of $42.3m against liabilities of $458k, net assets of $41.8m. It reported 31 employees.