Charles Street Supportive Housing

Analysis

Charles Street Supportive Housing is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Charles Street Supportive Housing reported income of $121k and spending of $143k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $105k to $121k (+15%), an average of +4.9% a year. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charles Street Supportive Housing sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Michigan for Vaccine Choice ($121k), Guadalupe County Health Council ($121k) and Balance 4 Life Ministries Inc ($121k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 60% of the total. At year end it held assets of $1.4m against liabilities of $1.7m, net assets of -$289k.

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.