Charles River Episcopal Co-Housing Endeavor Inc

Analysis

Charles River Episcopal Co-Housing Endeavor Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2019, 7 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 (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, Charles River Episcopal Co-Housing Endeavor Inc reported income of $805k and spending of $313k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $451k to $805k (+79%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 163%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Charles River Episcopal Co-Housing Endeavor Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Sacramento Cottage Housing Inc ($805k), Macedonia Community Developmentcorporation of South Brevard ($805k) and Quebec Square Housing Inc ($804k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $77k (25% of expenses). Other salaries and wages came to $53k. At year end it held assets of $1.8m against liabilities of $930k, net assets of $906k. It reported 2 employees.