Catholic Housing Initiatives Inc

Analysis

Catholic Housing Initiatives Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in July 1998, 28 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, Catholic Housing Initiatives Inc reported income of $52k and spending of $50k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $52k (+17%), an average of +4.1% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Housing Initiatives Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within GA. Charities of a similar size with the same main cause include Nisswa Womens Club ($52k), PTA California Congress of Parents Teachers & Students Inc ($52k) and National Ambucs Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $770k against liabilities of $184k, net assets of $586k.