Chambersburg Housing Inc

Analysis

Chambersburg Housing Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chambersburg Housing Inc reported income of $249k and spending of $317k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $249k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chambersburg Housing Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Admiral Housing ($249k), N L Resort Inc ($249k) and American Legion Veterans Housing Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.1m against liabilities of $2.4m, net assets of -$1.3m.

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.