Chugiak Senior Housing Inc

Analysis

Chugiak Senior Housing Inc is a registered charity in United States, based in Chugiak, AK. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chugiak Senior Housing Inc reported income of $241k and spending of $193k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $211k to $241k (+14%), an average of +3.4% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chugiak Senior Housing Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within AK. Charities of a similar size with the same main cause include Udist Josephs Inc ($241k), St Genevieves Village Housing Inc ($241k) and Midwest Association of Housing Cooperatives ($241k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.2m against liabilities of $236k, net assets of $2.0m.