Care Housing Services Corporation

Analysis

Care Housing Services Corporation is a registered charity in United States, based in Tarzana, CA. It received its IRS tax-exemption ruling in September 1995, 31 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 July 2024, Care Housing Services Corporation reported income of $420k and spending of $415k, spending 99% of its income. Across the 5 years on record, from July 2020 to July 2024, income fell from $632k to $420k (-33%), an average of -9.7% a year. The sharpest change came in the year to July 2023, when income rose by 53%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Care Housing Services Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($420k), C a R Housing Affordability Fund ($420k) and Memorial Hospital and Homes Association Inc ($420k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $134k (32% of expenses). At year end it held assets of $393k against liabilities of $9,192, net assets of $384k. It reported 2 employees.