Visions for Creative Housing Solutions
Analysis
Visions for Creative Housing Solutions is a registered charity in United States, based in Enfield, NH. It received its IRS tax-exemption ruling in August 2014, 12 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, Visions for Creative Housing Solutions reported income of $3.6m and spending of $2.2m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.6m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 58% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Visions for Creative Housing Solutions sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Crossroads Housing ($3.6m), Collaborative Solutions Inc ($3.6m) and Metairie Manor Inc ($3.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $76k (3.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.0m against liabilities of $2.9m, net assets of $5.0m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 44%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crossroads Housing | Shelton | $3.6m |
| Collaborative Solutions Inc | Birmingham | $3.6m |
| Metairie Manor Inc | Metairie | $3.6m |
| True North Housing Alliance Inc | Chico | $3.6m |