Chaffee Housing Trust

Analysis

Chaffee Housing Trust is a registered charity in United States, based in Buena Vista, CO. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Chaffee Housing Trust reported income of $583k and spending of $988k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $583k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 179%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chaffee Housing Trust sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Confederate Home and College ($583k), Hudson Valley Housing Development Fund Company Inc ($583k) and 16 Dutch Housing Development Fundcorp ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 1.1% of the total. Other salaries and wages came to $246k. At year end it held assets of $7.8m against liabilities of $4.7m, net assets of $3.1m. It reported 4 employees.