Clay Cherokee Christian Housing Inc

Analysis

Clay Cherokee Christian Housing Inc is a registered charity in United States, based in Hayesville, NC. It received its IRS tax-exemption ruling in October 1988, 38 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 December 2023, Clay Cherokee Christian Housing Inc reported income of $282k and spending of $218k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $282k (+11%), an average of +2.6% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clay Cherokee Christian Housing Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Hope Through Care Inc ($282k), PTA California Congress of Parents Teachers & Students Inc ($282k) and Little League Baseball Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $651k against liabilities of $977k, net assets of -$326k.