CCH Development Corporation

Analysis

CCH Development Corporation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in November 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CCH Development Corporation reported income of $910k and spending of $1.5m, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $910k (-84%), an average of -37% a year. The sharpest change came in the year to June 2021, when income rose by 371%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CCH Development Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Reclaiming Chicago NFP ($909k), Southeastern Massachusetts Affordable Housing Corporation ($910k) and Habitat for Humanity International Inc ($909k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $874k. At year end it held assets of $33.1m against liabilities of $18.9m, net assets of $14.2m. It reported 7 employees.