Community Housing Inc

Analysis

Community Housing Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Housing Inc reported income of $2.4m and spending of $482k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $2.4m (-64%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.4m), San Diego Community Housing Corporation ($2.4m) and Arc of St Martin Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 30% of the total. At year end it held assets of $86.2m against liabilities of $18.6m, net assets of $67.6m.