Community Housing of Pinellas County Inc

Analysis

Community Housing of Pinellas County Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 Housing of Pinellas County Inc reported income of $65k and spending of $118k, spending 182% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $86k to $65k (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Housing of Pinellas County Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Carnegie Library of Ballinger ($65k), Yoga4change ($65k) and Iglesia Resurreccion de Cristo ($65k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $8,372. At year end it held assets of $251k against liabilities of $563k, net assets of -$313k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.