Passes our checks

Central City Housing Development Corporation

EIN 23-7010677 · New Orleans, LA

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO PROVIDE DECENT, SAFE, SANCTUARY AND AFFORDABLE HOUSING OPPORTUNITIES FOR BOTH HOME OWNERSHIP AND RENTAL FOR PERSONS OF LOW AND MODERATE INCOME.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 47 out of 100. Higher than 43% of charities in its peer group (housing, $250k to $1m).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20
It owes 94% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 12% of income.
Income trend
15 of 15
Income rose 17% on the year before.
Spending floor
15 of 15
91% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 68 out of 100. Higher than 28% of charities in its peer group (housing, $250k to $1m).

Independent board
25 of 25
11 of 11 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15
Its accounts were audited by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$568,917 spent. HUD MULTIFAMILY ASSISTANCE OF THIRTY UNITS, MULTIFAMILY HOUSING PROJECT OF THIRTEEN UNITS, AND THREE RENTAL UNITS FUNDED UNDER THE ROAD HOME PROGRAM.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2010 for not filing returns for three years, and reinstated on November 15, 2010.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.