CH Development Association

Analysis

CH Development Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CH Development Association reported income of $836k and spending of $3.1m, spending 368% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.6m to $836k (-92%), an average of -47% a year. The sharpest change came in the year to December 2023, when income rose by 340%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CH Development Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Nevins Manor Inc ($835k), Thomas Campbell Apartments North ($836k) and Prescott Area Shelter Services Inc ($835k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% of the total. Other salaries and wages came to $193k. At year end it held assets of $25.6m against liabilities of $24.7m, net assets of $915k.