Community Housing Associates Inc

Analysis

Community Housing Associates Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1989, 37 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 June 2023, Community Housing Associates Inc reported income of $2.1m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.1m (+9.1%), an average of +2.2% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Associates Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Yes in My Back Yard ($2.1m), Cambridge Neighborhood Apartment Housing Service Inc ($2.1m) and San Pablo Economic Development Corporation Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $267k (13% of expenses). Other salaries and wages came to $164k. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $170k. It reported 6 employees.