Chamberlain Affordable Housing Inc

Analysis

Chamberlain Affordable Housing Inc is a registered charity in United States, based in Chamberlain, SD. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chamberlain Affordable Housing Inc reported income of $309k and spending of $247k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $309k (+14%), an average of +3.4% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chamberlain Affordable Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within SD. Charities of a similar size with the same main cause include Evergreen Family Housing Inc ($309k), Fair Share Foundation Inc ($309k) and Catholic Housing Corp of St Clair ($309k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $604k against liabilities of $138k, net assets of $466k.