Champion Place Inc

Analysis

Champion Place Inc is a registered charity in United States, based in Perry, NY. It received its IRS tax-exemption ruling in November 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Champion Place Inc reported income of $102k and spending of $192k, spending 187% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $104k to $102k (-1.6%), an average of -0.4% a year. Over the whole period it spent 202% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Champion Place Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Greater Hempstead Housing Development Fund Corporation ($102k), Easter Seals-Central Texas Inc ($102k) and St Monicas Development Corporation ($102k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.5m against liabilities of $18k, net assets of $1.5m. It reported 1 employees.

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.