Community Enterprise Investments Inc

Analysis

Community Enterprise Investments Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Community Enterprise Investments Inc reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.4m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Enterprise Investments Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Housing Alliance Delaware Inc ($1.4m), Haven Ministries Inc ($1.4m) and Vincent Village Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $70k (5.7% of expenses). Other salaries and wages came to $162k. At year end it held assets of $5.5m against liabilities of $5.1m, net assets of $453k. It reported 4 employees.