Community Housing Resources Inc

Analysis

Community Housing Resources Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in April 1998, 28 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 Resources Inc reported income of $217k and spending of $238k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $217k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Resources Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Fort Kennedy ($217k), Auburn Residential Development Corporation ($217k) and Lifetime Community Apartments Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.1m against liabilities of $2.8m, net assets of -$773k.

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.