Change-All Souls Housing Corporation

Analysis

Change-All Souls Housing Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 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 (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, Change-All Souls Housing Corporation reported income of $717k and spending of $1.1m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $717k (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 327%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Change-All Souls Housing Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include Adams Senior Citizen Housing Corporation ($717k), Alberta Simmons Senior Housing Inc ($717k) and Freeport Senior Housing Inc ($716k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $11.1m against liabilities of $5.6m, net assets of $5.5m.