Countrywood Housing Corporation

Analysis

Countrywood Housing Corporation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Countrywood Housing Corporation reported income of $612k and spending of $626k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $612k (+11%), an average of +2.6% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Countrywood Housing Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Haven House of Pickaway Co Inc ($612k), Community Service Center of Morgan County Inc ($612k) and Defiance Senior Citizens Housing Inc ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 27% of the total. At year end it held assets of $1.4m against liabilities of $1.6m, net assets of -$244k.

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.