Supportive Housing Communities Inc

Analysis

Supportive Housing Communities Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Supportive Housing Communities Inc reported income of $4.7m and spending of $4.8m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $4.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Supportive Housing Communities Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Trulight127 Ministries Inc ($4.7m), Strong Place Day Care Center Inc ($4.7m) and Hospice of Guernsey Inc ($4.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $6.5m against liabilities of $4.1m, net assets of $2.5m. It reported 38 employees.