MHC Chula Vista Non-Profit Housing Inc

Analysis

MHC Chula Vista Non-Profit Housing Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, MHC Chula Vista Non-Profit Housing Inc reported income of $343k and spending of $363k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $300k to $343k (+15%), an average of +3.4% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MHC Chula Vista Non-Profit Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Evergreen Village Inc ($343k), Greater Faith Community Action Corporation ($343k) and Glenville State College Housing Corporation ($343k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $48k (13% of expenses). Other salaries and wages came to $54k. At year end it held assets of $786k against liabilities of $80k, net assets of $706k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.