Chatham Gardens Housing Corporation

Analysis

Chatham Gardens Housing Corporation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Chatham Gardens Housing Corporation reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.7m to $1.7m (+2.1%), an average of +0.5% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chatham Gardens Housing Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Nation of Equality Alliance Corp ($1.7m), Breaking the Barriers ($1.7m) and Little River Property Management Inc ($1.7m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $283k. At year end it held assets of $7.4m against liabilities of $3.3m, net assets of $4.1m.