Community Services Housing Inc

Analysis

Community Services Housing Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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 Services Housing Inc reported income of $330k and spending of $443k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $330k (-81%), an average of -34% a year. The sharpest change came in the year to June 2020, when income dropped by 66%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Services Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Do Co Inc ($330k), Richard Salters Storrs Library ($330k) and Okanogan Highlands Alliance ($330k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $127k. At year end it held assets of $2.3m against liabilities of $638k, net assets of $1.7m. It reported 8 employees.