Chelan Valley Housing Trust

Analysis

Chelan Valley Housing Trust is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in July 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 (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, Chelan Valley Housing Trust reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $442k to $1.2m (+162%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chelan Valley Housing Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include United Odd Fellows Housing Development Fund Company ($1.2m), Habitat for Humanity International Inc ($1.2m) and Vincentian Housing Corporation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $142k (13% of expenses). At year end it held assets of $1.7m against liabilities of $724k, net assets of $964k. It reported 5 employees.