City House Inc

Analysis

City House Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 1988, 38 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 December 2023, City House Inc reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, City House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Heartland Ranch Inc ($2.9m), United Methodist Senior Services of Tupelo Area Inc ($2.9m) and Food Bank of the State College Area Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $102k (3.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.3m against liabilities of $1.5m, net assets of $4.8m. It reported 64 employees.