Salisbury Housing Trust

Analysis

Salisbury Housing Trust is a registered charity in United States, based in Salisbury, CT. It received its IRS tax-exemption ruling in November 2002, 24 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, Salisbury Housing Trust reported income of $562k and spending of $366k, leaving 35% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 1307%. Over the whole period it spent 200% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salisbury Housing Trust sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Shelter Providers of Phoenix ($561k), Family Promise of Lake Houston ($562k) and C R Moore Legacy Foundation Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.