Chsa Development Inc

Analysis

Chsa Development Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in December 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chsa Development Inc reported income of $2.3m and spending of $124k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $2.3m (-66%), an average of -24% a year. The sharpest change came in the year to December 2022, when income rose by 548%. Over the whole period it spent 3.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chsa Development Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Sunshine Homes Inc ($2.3m), Tichenor Orthopedic Clinic for Children ($2.3m) and Delaware Riverkeeper Network ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $4.4m against liabilities of $1.1m, net assets of $3.3m.