Crossville Housing Development Corporation

Analysis

Crossville Housing Development Corporation is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in September 2012, 14 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, Crossville Housing Development Corporation reported income of $251k and spending of $220k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $309k to $251k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crossville Housing Development Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include St Martin de Porres Residence Inc ($251k), Orchard Crossing Inc ($252k) and Noble House Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $139k. At year end it held assets of $400k against liabilities of $1,616, net assets of $399k. It reported 8 employees.