Citizens Concerned for the Homeless Inc

Analysis

Citizens Concerned for the Homeless Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in March 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 June 2023, Citizens Concerned for the Homeless Inc reported income of $782k and spending of $633k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $330k to $782k (+137%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Citizens Concerned for the Homeless Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include SRCF Supporting Organization ($781k), Fair Housing Center of Washtenaw County Inc ($782k) and Posada Del Sol Inc ($781k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (14% of expenses). Other salaries and wages came to $228k. At year end it held assets of $1.0m against liabilities of $127k, net assets of $895k. It reported 18 employees.