Community Alternative Housing Inc

Analysis

Community Alternative Housing Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in May 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Community Alternative Housing Inc reported income of $3.4m and spending of $3.5m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.0m to $3.4m (+70%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Alternative Housing Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Woodlands Development Group Inc ($3.4m), Glennwood Housing Foundation ($3.4m) and Marien-Heim of Sunset Park ($3.4m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $55k (1.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $88k against liabilities of $0, net assets of $88k. It reported 88 employees.