Charles Street Village Inc

Analysis

Charles Street Village Inc is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in April 1998, 28 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 December 2023, Charles Street Village Inc reported income of $349k and spending of $541k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $349k (+13%), an average of +3.1% a year. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Charles Street Village Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Peoples Path Inc ($349k), Rock Solid Recovery Inc ($349k) and Community Living of North Centralkansas Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 70% of the total. Other salaries and wages came to $77k. At year end it held assets of $2.7m against liabilities of $2.5m, net assets of $210k.

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.