Community House Foundation

Analysis

Community House Foundation is a registered charity in United States, based in Birmingham, MI. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Community House Foundation reported income of $570k and spending of $1.4m, spending 239% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $884k to $570k (-36%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 135% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community House Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Wilkinsburg CDC Holding Co ($570k), The Producers Club of Maryland Inc ($570k) and Capital District Womens Employment & Resource Center Inc ($570k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $507k. At year end it held assets of $2.2m against liabilities of $52k, net assets of $2.1m. It reported 4 employees.