Champlain Housing TR

Analysis

Champlain Housing TR is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in February 1985, 41 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 September 2023, Champlain Housing TR reported income of $50.2m and spending of $25.7m, leaving 49% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.8m to $50.2m (+181%), an average of +30% a year. The sharpest change came in the year to September 2020, when income rose by 100%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Champlain Housing TR sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within VT. Charities of a similar size with the same main cause include Whitemarsh Continuing Care Retirement Community ($50.1m), Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($50.2m) and Immanuel Retirement Communities ($49.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $396k (1.5% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $191.5m against liabilities of $49.9m, net assets of $141.6m. It reported 165 employees.