Chippewa Lutheran Housingcorporation

Analysis

Chippewa Lutheran Housingcorporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2007, 19 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, Chippewa Lutheran Housingcorporation reported income of $271k and spending of $381k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $223k to $271k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 149% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chippewa Lutheran Housingcorporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Rural Housing Inc ($271k), Pontiac Non-Profit Housing Corporation ($271k) and Disciples Housing of Enid Inc ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $41k. At year end it held assets of $2.8m against liabilities of $265k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.