Cleveland Supported Housing Inc

Analysis

Cleveland Supported Housing Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in June 2012, 14 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 December 2023, Cleveland Supported Housing Inc reported income of $185k and spending of $225k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $185k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cleveland Supported Housing Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Prosperity Way Inc ($185k), Help Works Homes Inc ($185k) and Marie Adelaide Center Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.0m against liabilities of $67k, net assets of $1.9m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.