Champion House Inc

Analysis

Champion House Inc is a registered charity in United States, based in Arden, NC. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2024, Champion House Inc reported income of $93k and spending of $93k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $93k to $93k (-0.2%), an average of -0.2% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Champion House Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Brookside Redevelopment Company Inc ($93k), Loving Hearts & Caring Hands Inc ($93k) and Myrtle Avenue Community Development Corporation ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $1,620, net assets of $17k.