Chesapeake RHF Housing Inc

Analysis

Chesapeake RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chesapeake RHF Housing Inc reported income of $470k and spending of $449k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $438k to $470k (+7.3%), an average of +1.4% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chesapeake RHF Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Ahepa 284 II Inc ($470k), Ahepo 100 Inc ($470k) and Macon Ridge Community Development Corporation ($470k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $1.7m against liabilities of $1.9m, net assets of -$246k.