Colony House Non-Profit Housing Corp

Analysis

Colony House Non-Profit Housing Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1991, 35 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 September 2023, Colony House Non-Profit Housing Corp reported income of $735k and spending of $901k, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $600k to $735k (+22%), an average of +5.2% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Colony House Non-Profit Housing Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Mountain United Church Housing Inc ($734k), Denton Housing Development Corporation ($735k) and Natis House ($734k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $1.6m against liabilities of $2.1m, net assets of -$445k.

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.