City of Douglas Community Housing Corporation

Analysis

City of Douglas Community Housing Corporation is a registered charity in United States, based in Douglas, AZ. It received its IRS tax-exemption ruling in September 2001, 25 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 under section 501(c)(3).

In the financial year ending June 2023, City of Douglas Community Housing Corporation reported income of $704k and spending of $831k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $639k to $704k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, City of Douglas Community Housing Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Independent Support Systems Inc ($704k), Italian Gardens Inc ($704k) and Tierra Contenta Corporation ($704k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $108k. At year end it held assets of $3.0m against liabilities of $4.7m, net assets of -$1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.