Centers for Habilitation TCH

Analysis

Centers for Habilitation TCH is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Centers for Habilitation TCH reported income of $27.8m and spending of $20.7m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.4m to $27.8m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Centers for Habilitation TCH sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include CDC Small Business Finance Corp ($27.6m), Minot Vocational Adjustment Workshop ($27.8m) and Workforce Solutions for South Texas ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $340k (1.6% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $22.3m against liabilities of $2.0m, net assets of $20.3m. It reported 522 employees.