CMHP Properties Inc

Analysis

CMHP Properties Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 1996, 30 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, CMHP Properties Inc reported income of $2.6m and spending of $644k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $2.6m (+415%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 450%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CMHP Properties Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.6m), Legacy Redevelopment Corporation ($2.6m) and Orchard AFC Home ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $5.0m against liabilities of $949k, net assets of $4.1m.