CPC Tenant and Building Services Inc

Analysis

CPC Tenant and Building Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CPC Tenant and Building Services Inc reported income of $6.2m and spending of $4.6m, leaving 26% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $6.9m to $6.2m (-10%), an average of -10% a year. Over the whole period it spent 397% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CPC Tenant and Building Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity of Key West and Lower Florida Keys ($6.2m), Brookdale Village Housing Corporation ($6.2m) and Methodist Retirement Communities ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $439k. At year end it held assets of $18.8m against liabilities of $57.6m, net assets of -$38.9m.