City House-Delray Beach Inc

Analysis

City House-Delray Beach Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in June 2014, 12 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 2022, City House-Delray Beach Inc reported income of $674k and spending of $712k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $271k to $674k (+149%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 431%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, City House-Delray Beach Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Alice Williams Towers Inc ($674k), Baldwin Senoir Living ($674k) and Affordable Housing of Hopkinsville Inc ($674k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). Other salaries and wages came to $228k. At year end it held assets of $1.6m against liabilities of $272k, net assets of $1.4m. It reported 8 employees.