Community Housing Corporation of America Inc

Analysis

Community Housing Corporation of America Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Housing Corporation of America Inc reported income of $7.1m and spending of $6.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $20.5m to $7.1m (-66%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Corporation of America Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Casas Por Cristo ($7.0m), Friendship Senior Options NFP ($7.1m) and Rescue Ministries of Mid-Michigan ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $249k (3.9% of expenses). Other salaries and wages came to $26k. At year end it held assets of $79.8m against liabilities of $56.9m, net assets of $22.9m. It reported 2 employees.