Creative Housing III

Analysis

Creative Housing III is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Creative Housing III reported income of $136k and spending of $211k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $136k (+10%), an average of +2.5% a year. Over the whole period it spent 164% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Housing III sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Huber Opera House and Civic Center Inc ($135k), Noology Institute ($136k) and Light the Candle International ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m.

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.