Chelmsford Housing Elder Partnership Inc

Analysis

Chelmsford Housing Elder Partnership Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in April 2001, 25 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 March 2023, Chelmsford Housing Elder Partnership Inc reported income of $403k and spending of $3.8m, spending 932% of what it took in. Across the 5 years on record, from June 2019 to March 2023, income fell from $503k to $403k (-20%), an average of -5.4% a year. The sharpest change came in the year to March 2023, when income dropped by 36%. Over the whole period it spent 237% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chelmsford Housing Elder Partnership Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Augustana Apartments Inc ($403k), For Our Lords Service Inc ($403k) and CCHNC Visalia Senior Housing Corporation ($403k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.