Centennial Housing Corp

Analysis

Centennial Housing Corp is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in December 2016, 10 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 June 2023, Centennial Housing Corp reported income of $853k and spending of $781k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $799k to $853k (+6.8%), an average of +1.7% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Centennial Housing Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Swan Memorial Housing Association ($853k), Redbanks Regency Apartments Inc ($854k) and Inter-Church Council Housing Corporation ($853k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $223k. At year end it held assets of $1.8m against liabilities of $2.6m, net assets of -$791k.