Camba Housing Ventures Inc

Analysis

Camba Housing Ventures Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2005, 21 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, Camba Housing Ventures Inc reported income of $4.0m and spending of $4.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $4.0m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Camba Housing Ventures Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include 360 Management Group Co ($4.0m), Eastern Eight Community Development Corporation ($4.0m) and City Rescue Mission of Lansing Michigan ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 71% of the total. At year end it held assets of $32.1m against liabilities of $16.9m, net assets of $15.2m.