Community Services Fourth Housing Corporation

Analysis

Community Services Fourth Housing Corporation is a registered charity in United States, based in Buffalo, NY. 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, Community Services Fourth Housing Corporation reported income of $61k and spending of $123k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $61k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 201% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Services Fourth Housing Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Mount Olivet Housing Development Fund Company Inc ($61k), Zepf Housing Corporation Four ($61k) and Silver Flower Homes Inc ($61k).

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 $8,590. At year end it held assets of $866k against liabilities of $27k, net assets of $839k.

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.