Community Housing Iii Inc
Community Housing Iii Inc consistently spends more than it earns, drawing down assets over the last decade.
EIN: 10777882 · Portland, OR · NTEE: L20 · Updated: 2026-03-28
Is Community Housing Iii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Housing Iii Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Housing Iii Inc
Community Housing Iii Inc (EIN: 10777882) is a nonprofit organization based in Portland, OR, classified under NTEE code L20. The organization reported total revenue of $239K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Iii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Housing Iii Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Housing Iii Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Community Housing Iii Inc reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that executive functions are covered by other means, which is highly efficient for an organization of its size with assets over $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Housing Iii Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) across all reported periods, leading to asset depletion.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Community Housing Iii Inc:
- Zero reported officer compensation, indicating highly efficient use of funds at the executive level.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Maintains a substantial asset base (over $2 million in 2023) despite deficit spending, providing some financial cushion.
Frequently Asked Questions about Community Housing Iii Inc
Is Community Housing Iii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Housing Iii Inc (EIN: 10777882) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Community Housing Iii Inc spend its money?
Community Housing Iii Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Housing Iii Inc tax-deductible?
Community Housing Iii Inc is registered as a tax-exempt nonprofit (EIN: 10777882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Housing Iii Inc a good charity?
Community Housing Iii Inc appears to be a good charity in terms of its program focus and lack of executive compensation. However, its consistent deficit spending, where expenses exceed revenue, is a financial concern that could impact long-term sustainability.
How does Community Housing Iii Inc fund its operations given consistent deficits?
The organization has been funding its operational deficits by drawing down on its accumulated assets. Its total assets decreased from $2,878,013 in 2014 to $2,105,721 in 2023, reflecting this trend.
What is the trend in Community Housing Iii Inc's financial health?
Community Housing Iii Inc's financial health shows a concerning trend of declining assets due to consistent deficit spending. While still possessing significant assets, this pattern is not sustainable in the long run without an increase in revenue or reduction in expenses.
Filing History
IRS 990 filing history for Community Housing Iii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Housing Iii Inc's revenue has grown by 44.6%, moving from $153K to $221K. Total assets decreased by 31.1% over the same period, from $3.1M to $2.1M. Total functional expenses rose by 59.5%, from $199K to $318K. In its most recent filing year (2023), Community Housing Iii Inc reported a deficit of $97K, with expenses exceeding revenue. The organization holds $271K in liabilities against $2.1M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $318K | $2.1M | $271K | — | — |
| 2022 | $231K | $344K | $2.2M | $228K | — | View 990 |
| 2021 | $237K | $296K | $2.1M | $105K | — | View 990 |
| 2020 | $217K | $289K | $2.2M | $108K | — | View 990 |
| 2019 | $224K | $282K | $2.3M | $91K | — | View 990 |
| 2018 | $220K | $448K | $2.3M | $66K | — | View 990 |
| 2017 | $196K | $284K | $2.5M | $73K | — | — |
| 2016 | $189K | $272K | $2.7M | $103K | — | View 990 |
| 2015 | $154K | $297K | $2.7M | $76K | — | View 990 |
| 2014 | $154K | $237K | $2.9M | $102K | — | View 990 |
| 2013 | $154K | $233K | $2.9M | $65K | — | View 990 |
| 2012 | $154K | $217K | $3.0M | $59K | — | View 990 |
| 2011 | $153K | $199K | $3.1M | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $318K, and assets of $2.1M (revenue -4.2% year-over-year).
- 2022: Revenue of $231K, expenses of $344K, and assets of $2.2M (revenue -2.3% year-over-year).
- 2021: Revenue of $237K, expenses of $296K, and assets of $2.1M (revenue +8.9% year-over-year).
- 2020: Revenue of $217K, expenses of $289K, and assets of $2.2M (revenue -3.0% year-over-year).
- 2019: Revenue of $224K, expenses of $282K, and assets of $2.3M (revenue +1.9% year-over-year).
- 2018: Revenue of $220K, expenses of $448K, and assets of $2.3M (revenue +12.2% year-over-year).
- 2017: Revenue of $196K, expenses of $284K, and assets of $2.5M (revenue +3.7% year-over-year).
- 2016: Revenue of $189K, expenses of $272K, and assets of $2.7M (revenue +22.2% year-over-year).
- 2015: Revenue of $154K, expenses of $297K, and assets of $2.7M (revenue +0.2% year-over-year).
- 2014: Revenue of $154K, expenses of $237K, and assets of $2.9M (revenue +0.2% year-over-year).
- 2013: Revenue of $154K, expenses of $233K, and assets of $2.9M (revenue -0.3% year-over-year).
- 2012: Revenue of $154K, expenses of $217K, and assets of $3.0M (revenue +0.7% year-over-year).
- 2011: Revenue of $153K, expenses of $199K, and assets of $3.1M.
Data Sources and Methodology
This transparency report for Community Housing Iii Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.