Clair House NFP Inc

Analysis

Clair House NFP Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2002, 24 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 June 2023, Clair House NFP Inc reported income of $1.2m and spending of $1.4m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.2m (-3.8%), an average of -1.0% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clair House NFP Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Teamster Retiree Housing of Detroit ($1.2m), Santa Cruz Apartments Inc ($1.2m) and Christmas in Action Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $184k. At year end it held assets of $4.2m against liabilities of $5.9m, net assets of -$1.8m. It reported 8 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.