Community Home Builders Associates

Analysis

Community Home Builders Associates is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in August 1995, 31 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 September 2023, Community Home Builders Associates reported income of $274k and spending of $216k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $270k to $274k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to September 2021, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Home Builders Associates sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include V N Housing Corp ($274k), Marion Senior Living Inc ($274k) and Affordable Housing Association of Pittsburg ($274k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $71k (33% of expenses). Other salaries and wages came to $79k. At year end it held assets of $3.9m against liabilities of $2.5m, net assets of $1.4m. It reported 10 employees.