Cha Community Support Corporation

Analysis

Cha Community Support Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Cha Community Support Corporation reported income of $145k and spending of $370k, spending 255% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $145k (-96%), an average of -56% a year. The sharpest change came in the year to December 2021, when income rose by 326%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cha Community Support Corporation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Community First Land Trust ($145k), Columbus Legacy Project ($145k) and Villa Saint Andrews Community Association ($145k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $26.8m against liabilities of $24.4m, net assets of $2.4m.