Chico Housing Action Team
Analysis
Chico Housing Action Team is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Chico Housing Action Team reported income of $5.5m and spending of $3.7m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $678k to $5.5m (+705%), an average of +68% a year. The sharpest change came in the year to June 2021, when income rose by 314%. Over the whole period it spent 60% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chico Housing Action Team sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Sound Communities Inc ($5.5m), Maac Housing Corporation ($5.5m) and Western Home Services Inc ($5.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $9.0m against liabilities of $2.4m, net assets of $6.6m. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 22%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sound Communities Inc | Norwalk | $5.5m |
| Maac Housing Corporation | Chula Vista | $5.5m |
| Western Home Services Inc | Grundy Center | $5.5m |
| Pennsylvania Community Real Estate Corporation | Philadelphia | $5.5m |