CSG Residential Inc

Analysis

CSG Residential Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in April 2015, 11 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 2023, CSG Residential Inc reported income of $286k and spending of $244k, spending 85% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $442k to $286k (-35%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CSG Residential Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Pioneer Homestead ($286k), Habitat for Humanity of Aransas County Texas Inc ($286k) and Affordable Housing Association ($286k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $1.3m against liabilities of $774k, net assets of $504k.