Community Housing and Resources Inc

Analysis

Community Housing and Resources Inc is a registered charity in United States, based in Sanibel, FL. It received its IRS tax-exemption ruling in April 1981, 45 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 September 2023, Community Housing and Resources Inc reported income of $4.7m and spending of $1.9m, leaving 59% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.6m to $4.7m (+198%), an average of +44% a year. The sharpest change came in the year to September 2023, when income rose by 194%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing and Resources 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 FL. Charities of a similar size with the same main cause include Housing Assistance and Development Services Inc ($4.7m), Student Housing of America Inc ($4.7m) and Affordable Community Housing Trust ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 33% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $107k (5.6% of expenses). Other salaries and wages came to $190k. At year end it held assets of $9.3m against liabilities of $1.4m, net assets of $7.9m. It reported 5 employees.