Is Community Home Solutions Inc Legit?

Quick charity verification for Community Home Solutions Inc (EIN: 205939775)

Verdict: Community Home Solutions Inc shows mixed signals

65/100Mission Score
$31KRevenue
$2KAssets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Community Home Solutions Inc. demonstrates a consistent pattern of operating at or near break-even, with expenses often slightly exceeding revenue in recent years. For example, in 2023, expenses were $43,104 against revenues of $42,950, and in 2022, expenses were $62,167 against revenues of $61,525. This indicates a tight financial margin. The organization's assets have fluctuated significantly over its history, peaking at $267,214 in 2018 but declining to $1,821 by 2023. This substantial decrease in assets, particularly from 2018 to 2023, warrants further investigation to understand the underlying causes and its impact on long-term sustainability. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence regarding executive pay. However, the overall financial health appears precarious given the minimal asset base and recurring operational deficits.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages