Community Alliance Housing Corporation VI

Analysis

Community Alliance Housing Corporation VI is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2001, 25 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, Community Alliance Housing Corporation VI reported income of $75k and spending of $70k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $50k to $75k (+50%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Alliance Housing Corporation VI sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Azure Heights Nonprofit Corporation ($75k), New Visions Housing Corporation ($75k) and Hope Harbor Housing Corporation ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $238k against liabilities of $7,236, net assets of $231k.