Community Housing Management Corp

Analysis

Community Housing Management Corp is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2000, 26 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 Management Corp reported income of $1.8m and spending of $683k, leaving 62% of income unspent that year. Across the 5 years on record, from April 2020 to December 2023, income grew from $1.4m to $1.8m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 536%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Management Corp sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Memphis Jewish Housing Development Corp ($1.8m), Housing Development Consortium of Seattle-King County ($1.8m) and Lakeland Presbyterian Apartments Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $154k (23% of expenses). Other salaries and wages came to $30k. At year end it held assets of $32.2m against liabilities of $265k, net assets of $32.0m. It reported 30 employees.