Chipola Rainbow Home Builders Association Inc

Analysis

Chipola Rainbow Home Builders Association Inc is a registered charity in United States, based in Marianna, FL. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2023, Chipola Rainbow Home Builders Association Inc reported income of $122k and spending of $97k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $122k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chipola Rainbow Home Builders Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Bristol County Property Management Company ($122k), FLS Inc ($122k) and Colorado Homeownership Coalition ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.