Suncoast Christian Housing

Analysis

Suncoast Christian Housing is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in May 1951, 75 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Suncoast Christian Housing reported income of $1.3m and spending of $1.2m, spending 98% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.2m to $1.3m (+6.3%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Suncoast Christian Housing sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.3m), Connecticut Housing and Development Corporation ($1.3m) and Dock Manor Inc ($1.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $151k. At year end it held assets of $2.4m against liabilities of $3.9m, net assets of -$1.6m. It reported 7 employees.