Community Homes for Adults Endowment Foundation

Analysis

Community Homes for Adults Endowment Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Community Homes for Adults Endowment Foundation reported income of $822k and spending of $613k, leaving 25% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $339k to $822k (+142%), an average of +25% a year. The sharpest change came in the year to October 2021, when income rose by 705%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Homes for Adults Endowment Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Better Future for Israel ($822k), Garden Gate Ranch Inc ($823k) and Wegiveashare Inc ($822k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $12.6m against liabilities of $0, net assets of $12.6m.