Chapel Court Housing Corporation

Analysis

Chapel Court Housing Corporation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in January 1990, 36 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, Chapel Court Housing Corporation reported income of $373k and spending of $408k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $373k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chapel Court Housing Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Miracle Village Inc ($373k), Gloucester Development Team Inc ($373k) and Habitat for Humanity International Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $67k. At year end it held assets of $2.7m against liabilities of $1.0m, net assets of $1.7m.