Cheneyville Housing Development Corporation

Analysis

Cheneyville Housing Development Corporation is a registered charity in United States, based in Cheneyville, LA. It received its IRS tax-exemption ruling in March 1999, 27 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 2022, Cheneyville Housing Development Corporation reported income of $165k and spending of $154k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $90k to $165k (+82%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cheneyville Housing Development Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within LA. Charities of a similar size with the same main cause include Peaceful Maison Inc ($165k), Davenport Holding Properties Inc ($165k) and Mark Lane Housing Corp ($164k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 54% of the total. Other salaries and wages came to $43k. At year end it held assets of $601k against liabilities of $238k, net assets of $363k. It reported 4 employees.