Community Neighborhood Housing Services Inc

Analysis

Community Neighborhood Housing Services Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 1983, 43 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 September 2023, Community Neighborhood Housing Services Inc reported income of $4.1m and spending of $2.0m, leaving 50% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $4.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2021, when income rose by 369%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Neighborhood Housing Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Mercy Housing Southwest ($4.1m), Peninsula Housing Development Inc III ($4.1m) and South Portland Housing Development Corporation ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $427k (21% of expenses). Other salaries and wages came to $807k. At year end it held assets of $20.5m against liabilities of $4.1m, net assets of $16.4m. It reported 22 employees.