Community Housing Services Inc

Analysis

Community Housing Services Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in May 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 2022, Community Housing Services Inc reported income of $2.8m and spending of $3.3m, spending 117% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $2.4m to $2.8m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Western Carolina Rescue Ministries Inc ($2.8m), Dearborn Heights Csi Non-Profit Housing Corporation ($2.8m) and Care Housing Inc ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 36% of the total. Compensation of current officers, directors and key employees was $270k (8.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $6.7m against liabilities of $383k, net assets of $6.4m. It reported 79 employees.