Chatham County Group Homes Inc

Analysis

Chatham County Group Homes Inc is a registered charity in United States, based in Siler City, NC. It received its IRS tax-exemption ruling in May 1983, 43 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 June 2022, Chatham County Group Homes Inc reported income of $2.1m and spending of $2.3m, spending 110% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $2.3m to $2.1m (-7.8%), an average of -4.0% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chatham County Group Homes Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Center for Plant Science and Health ($2.1m), Dymonds Quality Care Inc ($2.1m) and True North Treks ($2.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $89k (3.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $94k, net assets of $1.6m. It reported 46 employees.