Community Housing Services Inc
Community Housing Services Inc. faces persistent operational deficits and declining assets amidst high liabilities.
EIN: 10714863 · Salt Lake Cty, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $350K |
| Program Spending | 80% |
| Net Assets | $-1,692,304 |
| Transparency Score | 60/100 |
Is Community Housing Services 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 Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Housing Services Inc
Community Housing Services Inc (EIN: 10714863) is a nonprofit organization based in Salt Lake Cty, UT. The organization reported total revenue of $268K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Housing Services Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $350K |
| Surplus / Deficit | $-84,978 |
| Total Assets | $853K |
| Total Liabilities | $2.5M |
| Net Assets | $-1,692,304 |
| Operating Margin | -32.1% |
| Debt-to-Asset Ratio | 298.3% |
| Months of Reserves | 29.3 months |
Financial Health Grade: C
In 2023, Community Housing Services Inc reported a deficit of $85K with expenses exceeding revenue, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 298.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Housing Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +7.7% | -8.1% |
| 2022 | +3.8% | -1.3% | -7.2% |
| 2021 | +2.9% | +11.0% | -6.9% |
| 2020 | -0.2% | +3.9% | -6.2% |
| 2019 | +5.8% | -7.5% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Housing Services Inc with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Community Housing Services Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 298.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a strong positive for resource allocation directly to the mission given the organization's size and financial challenges.
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 Services Inc's IRS 990 filings:
- Persistent operational deficits (expenses consistently exceed revenue, e.g., $350,119 expenses vs. $265,141 revenue in 2023).
- Declining asset base over the past decade (from $1,539,850 in 2014 to $853,460 in 2023).
- High liabilities relative to assets (liabilities consistently over $2.4M while assets are below $1M).
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Community Housing Services Inc:
- Consistent IRS 990 filing history (13 filings) demonstrates transparency.
- 0% officer compensation reported across all periods, indicating no executive salaries.
- Mission focus on housing services, which is a critical community need.
Frequently Asked Questions about Community Housing Services Inc
Is Community Housing Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Housing Services Inc (EIN: 10714863) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Community Housing Services Inc spend its money?
Community Housing Services Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Housing Services Inc tax-deductible?
Community Housing Services Inc is registered as a tax-exempt nonprofit (EIN: 10714863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Housing Services Inc's spending goes to programs?
Community Housing Services Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Community Housing Services Inc located?
Community Housing Services Inc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 10714863.
How many years of IRS 990 filings does Community Housing Services Inc have?
Community Housing Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $268K in total revenue.
How does Community Housing Services Inc. cover its consistent operational deficits?
The organization consistently spends more than it earns, for example, $350,119 in expenses vs. $265,141 in revenue in 2023. This suggests they are either drawing down assets (which have declined from $1.5M to $0.8M over 10 years) or increasing liabilities (which have remained high at over $2.4M).
What is the nature of the high liabilities reported by the organization?
The organization consistently reports liabilities exceeding $2.4 million, significantly higher than its assets. Without more detailed financial statements, it's unclear if these are program-related debts, mortgages, or other obligations, which is a key area for further inquiry.
Is the organization financially sustainable in the long term given its declining assets?
The organization's assets have decreased by nearly 45% over the last decade (from $1,539,850 in 2014 to $853,460 in 2023). This trend, combined with persistent operational deficits, raises significant concerns about its long-term financial viability if not addressed.
Filing History
IRS 990 filing history for Community Housing Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Housing Services Inc's revenue has grown by 39.7%, moving from $190K to $265K. Total assets decreased by 51.7% over the same period, from $1.8M to $853K. Total functional expenses rose by 39.9%, from $250K to $350K. In its most recent filing year (2023), Community Housing Services Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $853K in assets (debt-to-asset ratio: 298.3%), resulting in net assets of $-1,692,304.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $350K | $853K | $2.5M | — | — |
| 2022 | $251K | $325K | $929K | $2.5M | — | — |
| 2021 | $241K | $329K | $1.0M | $2.5M | — | View 990 |
| 2020 | $235K | $297K | $1.1M | $2.5M | — | — |
| 2019 | $235K | $286K | $1.1M | $2.5M | — | View 990 |
| 2018 | $222K | $309K | $1.2M | $2.6M | — | View 990 |
| 2017 | $194K | $295K | $1.3M | $2.6M | — | View 990 |
| 2016 | $168K | $257K | $1.4M | $2.5M | — | View 990 |
| 2015 | $157K | $280K | $1.5M | $2.5M | — | View 990 |
| 2014 | $171K | $259K | $1.5M | $2.5M | — | View 990 |
| 2013 | $200K | $254K | $1.6M | $2.5M | — | View 990 |
| 2012 | $208K | $252K | $1.7M | $2.5M | — | View 990 |
| 2011 | $190K | $250K | $1.8M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $350K, and assets of $853K (revenue +5.8% year-over-year).
- 2022: Revenue of $251K, expenses of $325K, and assets of $929K (revenue +3.8% year-over-year).
- 2021: Revenue of $241K, expenses of $329K, and assets of $1.0M (revenue +2.9% year-over-year).
- 2020: Revenue of $235K, expenses of $297K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2019: Revenue of $235K, expenses of $286K, and assets of $1.1M (revenue +5.8% year-over-year).
- 2018: Revenue of $222K, expenses of $309K, and assets of $1.2M (revenue +14.7% year-over-year).
- 2017: Revenue of $194K, expenses of $295K, and assets of $1.3M (revenue +15.3% year-over-year).
- 2016: Revenue of $168K, expenses of $257K, and assets of $1.4M (revenue +7.3% year-over-year).
- 2015: Revenue of $157K, expenses of $280K, and assets of $1.5M (revenue -8.6% year-over-year).
- 2014: Revenue of $171K, expenses of $259K, and assets of $1.5M (revenue -14.3% year-over-year).
- 2013: Revenue of $200K, expenses of $254K, and assets of $1.6M (revenue -3.9% year-over-year).
- 2012: Revenue of $208K, expenses of $252K, and assets of $1.7M (revenue +9.7% year-over-year).
- 2011: Revenue of $190K, expenses of $250K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Housing Services Inc:
Data Sources and Methodology
This transparency report for Community Housing Services 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.