Community Homeless Solutions

Analysis

Community Homeless Solutions is a registered charity in United States, based in Marina, CA. It received its IRS tax-exemption ruling in November 1978, 48 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 June 2023, Community Homeless Solutions reported income of $4.3m and spending of $4.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Homeless Solutions sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Ebenezer Ridges Assisted Living ($4.3m), Mid-State Opportunity Inc ($4.3m) and Habitat for Humanity International Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $242k (5.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.5m against liabilities of $1.3m, net assets of $1.2m. It reported 81 employees.

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.