Collegiate Housing Foundation

Analysis

Collegiate Housing Foundation is a registered charity in United States, based in Fairhope, AL. It received its IRS tax-exemption ruling in September 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Collegiate Housing Foundation reported income of $249.9m and spending of $267.5m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $163.4m to $249.9m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Collegiate Housing Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AL. Charities of a similar size with the same main cause include The Center for New York City ($236.8m), Acacia Network Housing Inc ($333.4m) and Masonic Villages of the Grand Lodge of Pennsylvania ($232.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.1m (0.8% of expenses). At year end it held assets of $2.81bn against liabilities of $3.01bn, net assets of -$200.3m. It reported 5 employees.