Christian Housing Assistance Corp

Analysis

Christian Housing Assistance Corp is a registered charity in United States, based in Waynesboro, VA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. 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 December 2023, Christian Housing Assistance Corp reported income of $75k and spending of $29k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $75k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Housing Assistance Corp sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Kids Klubs Inc ($75k), PTA Georgia Congress ($75k) and Talkington Foundation ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. At year end it held assets of $1.3m against liabilities of $147k, net assets of $1.1m.