Chickasaw Development Corporation

Analysis

Chickasaw Development Corporation is a registered charity in United States, based in Chickasaw, AL. It received its IRS tax-exemption ruling in September 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chickasaw Development Corporation reported income of $244k and spending of $195k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $200k to $244k (+22%), an average of +5.1% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chickasaw Development Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AL. Charities of a similar size with the same main cause include Hogar Aurora Inc ($244k), Wesley Asi of Northern Virginia ($244k) and Seeds of Hope Inc ($244k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.4m against liabilities of $33k, net assets of $1.4m.