Orchard Place Nonprofit Housing Corporation

Analysis

Orchard Place Nonprofit Housing Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 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, Orchard Place Nonprofit Housing Corporation reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+24%), an average of +5.5% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orchard Place Nonprofit Housing Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Peoria Opportunities Foundation ($1.7m), The Womens Housing Coalition Inc ($1.7m) and Westby Housing Associates Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $251k. At year end it held assets of $5.5m against liabilities of $4.7m, net assets of $861k.