Butte County Affordable Housing Dev Corp a Cal Nonprf Pub Benefit Corp

Analysis

Butte County Affordable Housing Dev Corp a Cal Nonprf Pub Benefit Corp is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in December 1996, 30 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 September 2023, Butte County Affordable Housing Dev Corp a Cal Nonprf Pub Benefit Corp reported income of $137k and spending of $193k, spending 140% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $273k to $137k (-50%), an average of -16% a year. The sharpest change came in the year to September 2023, when income rose by 2407%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Butte County Affordable Housing Dev Corp a Cal Nonprf Pub Benefit Corp sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Maison de Monde ($137k), Bicentennial Apartments Inc ($137k) and Loretto Lions Retirement Home Inc ($137k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.2m against liabilities of $114k, net assets of $1.1m.