Chamu House Corporation
EIN: 263525093 · Germantown, MD · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $370K |
| Total Expenses | $451K |
| Net Assets | $531K |
Is Chamu House Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chamu House Corporation
Chamu House Corporation (EIN: 263525093) is a nonprofit organization based in Germantown, MD, classified under NTEE code L80. The organization reported total revenue of $370K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamu House Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamu House Corporation is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $451K |
| Surplus / Deficit | $-99,003 |
| Total Assets | $1.3M |
| Total Liabilities | $753K |
| Net Assets | $531K |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 58.6% |
| Months of Reserves | 34.2 months |
Financial Health Grade: C
In 2023, Chamu House Corporation reported a deficit of $99K with expenses exceeding revenue, holds 34.2 months of operating reserves (strong position), has a debt-to-asset ratio of 58.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Chamu House Corporation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | -8.1% | +18.2% |
| 2022 | -2.5% | +20.6% | -0.2% |
| 2021 | +16.1% | -6.2% | -5.3% |
| 2020 | -15.4% | -9.7% | -0.4% |
| 2019 | -13.3% | +0.8% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chamu House Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chamu House Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.6%.
Frequently Asked Questions about Chamu House Corporation
Is Chamu House Corporation a legitimate charity?
Chamu House Corporation (EIN: 263525093) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $370K. No red flags identified. Financial health grade: C.
How does Chamu House Corporation spend its money?
Chamu House Corporation reported $370K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chamu House Corporation tax-deductible?
Chamu House Corporation is registered as a tax-exempt nonprofit (EIN: 263525093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chamu House Corporation located?
Chamu House Corporation is headquartered in Germantown, Maryland and files with the IRS under EIN 263525093. It is classified under NTEE code L80.
How many years of IRS 990 filings does Chamu House Corporation have?
Chamu House Corporation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $370K in total revenue.
Filing History
IRS 990 filing history for Chamu House Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Chamu House Corporation's revenue has declined by 20.3%, moving from $442K to $352K. Total assets increased by 31.2% over the same period, from $979K to $1.3M. Total functional expenses rose by 17.8%, from $383K to $451K. In its most recent filing year (2023), Chamu House Corporation reported a deficit of $99K, with expenses exceeding revenue. The organization holds $753K in liabilities against $1.3M in assets (debt-to-asset ratio: 58.6%), resulting in net assets of $531K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $451K | $1.3M | $753K | — | View 990 |
| 2022 | $392K | $491K | $1.1M | $457K | — | View 990 |
| 2021 | $402K | $407K | $1.1M | $360K | — | — |
| 2020 | $347K | $434K | $1.1M | $416K | — | — |
| 2019 | $410K | $481K | $1.2M | $333K | — | View 990 |
| 2018 | $473K | $477K | $1.2M | $348K | — | View 990 |
| 2017 | $522K | $516K | $1.3M | $361K | — | View 990 |
| 2016 | $507K | $514K | $1.2M | $342K | — | View 990 |
| 2015 | $512K | $472K | $1.3M | $352K | — | View 990 |
| 2014 | $472K | $431K | $1.2M | $325K | — | View 990 |
| 2013 | $511K | $394K | $1.1M | $294K | — | View 990 |
| 2012 | $442K | $383K | $979K | $278K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $352K, expenses of $451K, and assets of $1.3M (revenue -10.2% year-over-year).
- 2022: Revenue of $392K, expenses of $491K, and assets of $1.1M (revenue -2.5% year-over-year).
- 2021: Revenue of $402K, expenses of $407K, and assets of $1.1M (revenue +16.1% year-over-year).
- 2020: Revenue of $347K, expenses of $434K, and assets of $1.1M (revenue -15.4% year-over-year).
- 2019: Revenue of $410K, expenses of $481K, and assets of $1.2M (revenue -13.3% year-over-year).
- 2018: Revenue of $473K, expenses of $477K, and assets of $1.2M (revenue -9.3% year-over-year).
- 2017: Revenue of $522K, expenses of $516K, and assets of $1.3M (revenue +2.9% year-over-year).
- 2016: Revenue of $507K, expenses of $514K, and assets of $1.2M (revenue -1.0% year-over-year).
- 2015: Revenue of $512K, expenses of $472K, and assets of $1.3M (revenue +8.6% year-over-year).
- 2014: Revenue of $472K, expenses of $431K, and assets of $1.2M (revenue -7.8% year-over-year).
- 2013: Revenue of $511K, expenses of $394K, and assets of $1.1M (revenue +15.7% year-over-year).
- 2012: Revenue of $442K, expenses of $383K, and assets of $979K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamu House Corporation:
Data Sources and Methodology
This transparency report for Chamu House Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.