Coulee Housing Development Corporation

Analysis

Coulee Housing Development Corporation is a registered charity in United States, based in Westby, WI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coulee Housing Development Corporation reported income of $98k and spending of $94k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $175k to $98k (-44%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coulee Housing Development Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include John Milton Manor Corp ($98k), Cedar Lake - L Esprit Inc ($98k) and Congregation Ohav Sholom Housing Development Fund Company Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $2.8m against liabilities of $2.9m, net assets of -$108k.