Community Housing Resources

Analysis

Community Housing Resources is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 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 (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 Resources reported income of $15.1m and spending of $12.8m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $36.9m to $15.1m (-59%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Resources sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Concordia of Ohio ($15.0m), Lake Prince Center Inc ($15.1m) and Waterfront Rescue Mission Inc ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $44.2m against liabilities of $1.9m, net assets of $42.3m.