Channing House

Analysis

Channing House is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2024, Channing House reported income of $26.9m and spending of $32.2m, spending 120% of what it took in. Across the 6 years on record, from February 2019 to February 2024, income grew from $21.4m to $26.9m (+26%), an average of +4.6% a year. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Channing House sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Life Unlimited Inc ($26.9m), Christian Care Communities Inc ($26.9m) and Richland Place Inc ($26.9m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.6m (5.1% of expenses). Other salaries and wages came to $9.3m. It paid $6,000 in professional fundraising fees. At year end it held assets of $156.6m against liabilities of $163.1m, net assets of -$6.5m. It reported 224 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.