Augustana Chapel View Homes Inc

Analysis

Augustana Chapel View Homes Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in September 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Augustana Chapel View Homes Inc reported income of $23.7m and spending of $23.4m, spending 99% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $44.0m to $23.7m (-46%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Augustana Chapel View Homes Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Sacramento Childrens Home ($23.7m), North Homes Inc ($23.7m) and Mingus Mountain Estate Residential Center Inc ($23.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 91% of the total. Other salaries and wages came to $11.3m. At year end it held assets of $22.2m against liabilities of $14.2m, net assets of $7.9m. It reported 397 employees.