Community Lodgings Inc

Analysis

Community Lodgings Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 1988, 38 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 Lodgings Inc reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Lodgings Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Ebenezer Development Corporation ($1.3m), Impact Community Development Corporation ($1.3m) and East New York CLT Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Other salaries and wages came to $704k. At year end it held assets of $2.1m against liabilities of $2.3m, net assets of -$188k. It reported 14 employees.