Columbia Valley Housing Association

Analysis

Columbia Valley Housing Association is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Columbia Valley Housing Association reported income of $172k and spending of $46k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $172k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia Valley Housing Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Norfolk Innovation Corridor ($172k), Minerva Education and Development Foundation ($172k) and Progressive Alliance Community Development Corporation ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $33k (73% of expenses). At year end it held assets of $2.3m against liabilities of $2,994, net assets of $2.3m. It reported 1 employees.