South Burlington Community Housing Corporation

Analysis

South Burlington Community Housing Corporation is a registered charity in United States, based in S Burlington, VT. It received its IRS tax-exemption ruling in December 1999, 27 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 September 2023, South Burlington Community Housing Corporation reported income of $150k and spending of $206k, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $164k to $150k (-8.1%), an average of -2.1% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Burlington Community Housing Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 37th percentile within VT. Charities of a similar size with the same main cause include Rouses Point Senior Housing Development Fund Co Inc ($150k), Rogers Supportive Housing Inc ($150k) and Community Housing Association for Rehabilitation Measure and ($150k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $617k against liabilities of $45k, net assets of $572k.

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.