Community Housing Capital Inc

Analysis

Community Housing Capital Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in April 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Housing Capital Inc reported income of $19.7m and spending of $8.8m, leaving 56% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.3m to $19.7m (+112%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 71%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing Capital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Valley View Haven Inc ($19.6m), Linc Housing Corporation ($19.7m) and Community First Fund ($19.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.5m (17% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $153.8m against liabilities of $91.5m, net assets of $62.3m. It reported 16 employees.