Community Home Trust

Analysis

Community Home Trust is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in January 2000, 26 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 2024, Community Home Trust reported income of $2.9m and spending of $1.3m, leaving 55% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.9m (+97%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 208%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Home Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Monarch Housing Associates Inc ($2.9m), St Augustine Society Inc ($2.9m) and Assisi Homes-Jefferson Court Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $130k (10% of expenses). Other salaries and wages came to $562k. At year end it held assets of $12.6m against liabilities of $8.3m, net assets of $4.3m. It reported 12 employees.