Calvary Housing Development Limited

Analysis

Calvary Housing Development Limited is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1977, 49 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, Calvary Housing Development Limited reported income of $607k and spending of $559k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $524k to $607k (+16%), an average of +3.7% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Calvary Housing Development Limited sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Ahepa 3 Inc ($606k), Lincoln Senior Housing Inc ($607k) and Central City Housing Development Corporation ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $476k.