Carrie P Chandler Housing Development Corporation

Analysis

Carrie P Chandler Housing Development Corporation is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 December 2023, Carrie P Chandler Housing Development Corporation reported income of $94k and spending of $83k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $370k to $94k (-75%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 76%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carrie P Chandler Housing Development Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Lee County Area Intergroup Council ($94k), Little League Baseball Inc ($94k) and Issue Management Council ($94k).

At year end it held assets of $510k against liabilities of $261k, net assets of $250k.