Is Cheshire Housing Trust Inc Legit?

Quick charity verification for Cheshire Housing Trust Inc (EIN: 20418158)

Verdict: Cheshire Housing Trust Inc appears trustworthy

85/100Mission Score
$536KRevenue
$2.4MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Cheshire Housing Trust Inc. demonstrates consistent financial activity, with revenues generally in the range of $500,000 to $750,000 and assets consistently above $2.3 million. The organization has experienced operating deficits in recent years, with expenses exceeding revenue from 2014 to 2019. For instance, in 2019, expenses were $612,341 against revenues of $554,978, indicating a reliance on prior reserves or other funding sources to cover operational costs. Despite these deficits, the organization maintains a healthy asset base, suggesting long-term stability, though the trend of declining assets from $2.9 million in 2011 to $2.3 million currently warrants attention. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission and suggests a volunteer-led or very lean executive structure, which is a positive sign for donor confidence.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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