Community Homes for Adults Incorporated

Analysis

Community Homes for Adults Incorporated is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Community Homes for Adults Incorporated reported income of $4.1m and spending of $4.0m, spending 97% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.3m to $4.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to October 2021, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Homes for Adults Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Alternative Learning Center ($4.1m), Health Law Advocates Inc ($4.1m) and Families Together in New York State Inc ($4.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 32% and program service revenue 61% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.0m against liabilities of $556k, net assets of $2.4m. It reported 105 employees.