Cmhi Property Management Inc

Analysis

Cmhi Property Management Inc is a registered charity in United States, based in Calais, ME. It received its IRS tax-exemption ruling in September 2018, 8 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, Cmhi Property Management Inc reported income of $675k and spending of $749k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $417k to $675k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cmhi Property Management Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Scholars Inc ($674k), Hacienda Villas Inc ($675k) and Abingdon Senior Housing Inc ($674k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $342k. At year end it held assets of $138k against liabilities of $39k, net assets of $100k. It reported 10 employees.