Community Action Shelter Associates 2 Inc

Analysis

Community Action Shelter Associates 2 Inc is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in July 2020, 6 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 June 2023, Community Action Shelter Associates 2 Inc reported income of $851k and spending of $197k, leaving 77% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $303k to $851k (+181%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 253%. Over the whole period it spent 16% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Action Shelter Associates 2 Inc 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 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Villa Maria of Corpus Christi Inc ($851k), Senior Housing at Mahopac Hills Housing Development Fund Corp ($851k) and SMC Equipment Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $4.8m against liabilities of $2.8m, net assets of $2.0m.