Community Housing Improvement Program Incorporated

Analysis

Community Housing Improvement Program Incorporated is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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 December 2023, Community Housing Improvement Program Incorporated reported income of $10.3m and spending of $7.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $10.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Housing Improvement Program Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Community Revitalization and Reservation Corporation ($10.3m), Meta House Inc ($10.3m) and The Association for Research in Vision and Ophthalmology ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $541k (7.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $34.0m against liabilities of $14.9m, net assets of $19.1m. It reported 82 employees.