Citizens for Elder Housing Inc

Analysis

Citizens for Elder Housing Inc is a registered charity in United States, based in Forsyth, GA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, Citizens for Elder Housing Inc reported income of $187k and spending of $184k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $205k to $187k (-8.9%), an average of -3.1% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens for Elder Housing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Adeline Lucas Foundation Inc ($187k), Goodwill Industries Development Corporation ($187k) and Habitat for Humanity International Inc ($187k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $15k (8.4% of expenses). Other salaries and wages came to $16k. At year end it held assets of $138k against liabilities of $356k, net assets of -$218k.