Community Alliance Housing Corporation II

Analysis

Community Alliance Housing Corporation II is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Community Alliance Housing Corporation II reported income of $244k and spending of $267k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $477k to $244k (-49%), an average of -15% a year. The sharpest change came in the year to June 2020, when income dropped by 69%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Alliance Housing Corporation II sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NE. Charities of a similar size with the same main cause include Copley Athletic Association Inc ($244k), Pan American Society for Clinical Virology Inc ($244k) and Clarksburg-Harrison Cultural Foundation Inc ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.0m against liabilities of $45k, net assets of $995k.

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.