Chestnut Creek Inc

Analysis

Chestnut Creek Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2000, 26 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 December 2023, Chestnut Creek Inc reported income of $1.1m and spending of $938k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+7.9%), an average of +1.9% a year. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chestnut Creek Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Downtown Churches United-Gillfield Housing Corporation ($1.1m), Ames Ecumenical Housing Inc ($1.1m) and Vista Village Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $11.0m against liabilities of $9.2m, net assets of $1.8m.