Community Housing Development Association Inc

Analysis

Community Housing Development Association Inc is a registered charity in United States, based in Greenwood Village, CO. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Community Housing Development Association Inc reported income of $5.2m and spending of $1.4m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $695k to $5.2m (+648%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 692%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Development Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Center for the Pacific Asian Family Inc ($5.2m), Forest Health Services Inc ($5.2m) and Muhlenberg Community Housing Development Fund Corporation ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $344k (25% of expenses). At year end it held assets of $19.7m against liabilities of $2.6m, net assets of $17.2m. It reported 6 employees.