Chase Home

Analysis

Chase Home is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Chase Home reported income of $2.4m and spending of $2.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.4m (+41%), an average of +12% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chase Home sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include Womens Economic Self-Sufficiency Team Corp ($2.4m), Encouraging Kids Family Resource Center Inc ($2.4m) and Southeast Community Services Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $89k (3.7% of expenses). Other salaries and wages came to $1.3m. It paid $46k in professional fundraising fees. At year end it held assets of $556k against liabilities of $105k, net assets of $451k. It reported 56 employees.