Is Community Housing Development…

Quick charity verification for Community Housing Development Corporation (EIN: 202934188)

Spending Breakdown

How Community Housing Development Corporation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Community Housing Development Corporation

Is Community Housing Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Community Housing Development Corporation (EIN: 202934188) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Community Housing Development Corporation a good charity to donate to?

Community Housing Development Corporation has a Mission Score of 85/100. Revenue: $974K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Community Housing Development Corporation?

The Employer Identification Number (EIN) for Community Housing Development Corporation is 202934188. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Community Housing Development Corporation spend its money?

Community Housing Development Corporation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Community Housing Development Corporation's tax-exempt status?

You can verify Community Housing Development Corporation's tax-exempt status using EIN 202934188 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Community Housing Development Corporation demonstrates a mixed financial picture. While the organization reported substantial revenue of $954,166 in 2023 and $973,761 in its latest filing, indicating significant operational scale, its financial history shows considerable volatility, with revenues as low as $1 in 2014 and $4,581 in 2020. The organization's assets have grown significantly, reaching over $3 million in recent years, but this is largely offset by high liabilities, suggesting a reliance on debt or restricted funds. The consistent reporting of 0% officer compensation across all available filings is a positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. However, without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the lack of executive compensation.

The organization's financial health appears to have stabilized at a higher operational level in the most recent periods, with 2023 expenses of $934,952 closely matching revenue, indicating active program delivery. The substantial increase in assets and liabilities from 2021 to 2022 suggests a significant expansion or acquisition of housing-related assets, aligning with its mission. The lack of detailed functional expense data in the provided summary prevents a precise calculation of program, administrative, and fundraising spending ratios, which is a common limitation in publicly available 990 summaries. However, the absence of officer compensation is a strong point for transparency.

Overall, Community Housing Development Corporation appears to be actively engaged in its mission, as evidenced by its recent revenue and expense levels. The zero executive compensation is a strong positive for transparency and efficiency. The significant liabilities relative to assets warrant closer examination to understand their nature (e.g., mortgages on housing properties vs. operational debt).

Is Community Housing Development Corporation Legit?

Verdict: Community Housing Development Corporation appears trustworthy

Red Flags

Strengths