Creative Housing III Inc

Analysis

Creative Housing III Inc is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 June 2023, Creative Housing III Inc reported income of $1.8m and spending of $2.0m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.8m (+6.7%), an average of +1.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Housing III Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Coalition Against Rape and Abuse Inc ($1.8m), New Horizons Inc ($1.8m) and Latrobe Area Hospital Charitable Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $707k. At year end it held assets of $1.2m against liabilities of $641k, net assets of $602k. It reported 48 employees.