Carlsbad Transitional Housing and Homeless Shelter Inc

Analysis

Carlsbad Transitional Housing and Homeless Shelter Inc is a registered charity in United States, based in Carlsbad, NM. It received its IRS tax-exemption ruling in July 1999, 27 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, Carlsbad Transitional Housing and Homeless Shelter Inc reported income of $191k and spending of $180k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $230k to $191k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carlsbad Transitional Housing and Homeless Shelter Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NM. Charities of a similar size with the same main cause include Orange East Senior Center Inc ($191k), Canoga Apartments Corporation ($191k) and Community Housing and Service Corporation ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $89k. At year end it held assets of $955k against liabilities of $17k, net assets of $938k. It reported 3 employees.