Chehalem Valley Housing Corporation

Analysis

Chehalem Valley Housing Corporation is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, Chehalem Valley Housing Corporation reported income of $102k and spending of $190k, spending 185% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $87k to $102k (+18%), an average of +4.2% a year. Over the whole period it spent 166% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chehalem Valley Housing Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($102k), Greenwood PTA ($102k) and USA Swimming Inc ($102k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $1.7m against liabilities of $26k, net assets of $1.7m.

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.