Community Teaching Homes Inc

Analysis

Community Teaching Homes Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 2003, 23 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, Community Teaching Homes Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Teaching Homes Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Kivel Manor Inc ($3.4m), Martin de Porres Village Inc ($3.4m) and Fellowship Manor of Bethel Ame Church Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $187k (5.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.7m against liabilities of $453k, net assets of $1.2m. It reported 24 employees.