Charlottesville Public Housing Association of Residents

Analysis

Charlottesville Public Housing Association of Residents is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, Charlottesville Public Housing Association of Residents reported income of $266k and spending of $360k, spending 135% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $539k to $266k (-51%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Charlottesville Public Housing Association of Residents sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Faith Village Non-Profit Housing Corporation ($266k), Goodwin House Development Corporation ($266k) and Independent Living Horizons Nine Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $4,478 (1.2% of expenses). Other salaries and wages came to $233k. At year end it held assets of $355k against liabilities of $6,061, net assets of $349k. It reported 29 employees.