Community Housing Works

Analysis

Community Housing Works is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 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, Community Housing Works reported income of $29.6m and spending of $14.1m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.9m to $29.6m (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Works sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Mercy Ridge Inc ($29.3m), Tenderloin Neighborhood Development Corporation ($29.6m) and Integrated Community Services Inc ($29.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $988k (7.0% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $130.4m against liabilities of $15.5m, net assets of $114.9m. It reported 99 employees.