Community Housing Alternatives Inc

Analysis

Community Housing Alternatives Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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 2023, Community Housing Alternatives Inc reported income of $252k and spending of $242k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $252k (+8.6%), an average of +2.1% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Housing Alternatives Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Johnson County Senior Center ($252k), Ronald McDonald House Charities Inc ($252k) and Green Mountain Camp Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $26k. At year end it held assets of $445k against liabilities of $703k, net assets of -$258k.