Cheshire Housing Opportunities Inc
Cheshire Housing Opportunities Inc maintains stable finances with no reported officer compensation.
EIN: 20358701 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $103K |
| Program Spending | 85% |
| Net Assets | $159K |
| Transparency Score | 85/100 |
Is Cheshire Housing Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cheshire Housing Opportunities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cheshire Housing Opportunities Inc
Cheshire Housing Opportunities Inc (EIN: 20358701) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $132K and total assets of $269K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheshire Housing Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cheshire Housing Opportunities Inc is a small nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $103K |
| Surplus / Deficit | +$29K |
| Total Assets | $269K |
| Total Liabilities | $110K |
| Net Assets | $159K |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2020, Cheshire Housing Opportunities Inc reported a surplus of $29K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2020), Cheshire Housing Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +4.2% | -14.6% | +5.3% |
| 2019 | -2.2% | +13.6% | -10.0% |
| 2018 | +2.7% | -7.5% | +6.8% |
| 2017 | +12.5% | +3.1% | +-0.0% |
| 2016 | -4.8% | +2.0% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cheshire Housing Opportunities Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cheshire Housing Opportunities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cheshire Housing Opportunities Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Strengths
The following positive indicators were identified for Cheshire Housing Opportunities Inc:
- Consistent financial reporting and IRS 990 filings
- No reported officer compensation (0% across all filings)
- Stable revenue and expense levels over a decade
- Positive net income in the latest filing (2020: Revenue $132,179, Expenses $102,712)
- Decreasing liabilities over time
Frequently Asked Questions about Cheshire Housing Opportunities Inc
Is Cheshire Housing Opportunities Inc a legitimate charity?
Cheshire Housing Opportunities Inc (EIN: 20358701) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $132K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Cheshire Housing Opportunities Inc spend its money?
Cheshire Housing Opportunities Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cheshire Housing Opportunities Inc tax-deductible?
Cheshire Housing Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 20358701). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cheshire Housing Opportunities Inc's spending goes to programs?
Cheshire Housing Opportunities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cheshire Housing Opportunities Inc located?
Cheshire Housing Opportunities Inc is headquartered in Keene, New Hampshire and files with the IRS under EIN 20358701.
How many years of IRS 990 filings does Cheshire Housing Opportunities Inc have?
Cheshire Housing Opportunities Inc has 10 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 $132K in total revenue.
Is Cheshire Housing Opportunities Inc a good charity?
Based on the available data, Cheshire Housing Opportunities Inc appears to be a financially stable organization with a consistent track record of operations. The absence of reported officer compensation is a significant positive indicator, suggesting that resources are likely directed towards its mission. However, without detailed program expense breakdowns, a full assessment of its impact is limited.
How has the organization's financial health changed over the past decade?
Over the past decade, Cheshire Housing Opportunities Inc has maintained relatively stable revenues and expenses, averaging around $120,000 annually. Its assets have decreased from $386,280 in 2011 to $268,532 in 2020, while liabilities have also decreased from $230,962 to $109,570, indicating a reduction in overall debt.
What is the organization's approach to executive compensation?
The organization consistently reports 0% for officer compensation in all available IRS 990 filings, suggesting that executive leadership is either volunteer or compensated through other means not categorized as officer compensation, which is a positive sign for donor funds.
Filing History
IRS 990 filing history for Cheshire Housing Opportunities Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Cheshire Housing Opportunities Inc's revenue has grown by 23.5%, moving from $107K to $132K. Total assets decreased by 30.5% over the same period, from $386K to $269K. Total functional expenses fell by 13.6%, from $119K to $103K. In its most recent filing year (2020), Cheshire Housing Opportunities Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $110K in liabilities against $269K in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $132K | $103K | $269K | $110K | — | — |
| 2019 | $127K | $120K | $255K | $125K | — | View 990 |
| 2018 | $130K | $106K | $283K | $160K | — | View 990 |
| 2017 | $126K | $114K | $265K | $166K | — | View 990 |
| 2016 | $112K | $111K | $265K | $178K | — | View 990 |
| 2015 | $118K | $109K | $278K | $192K | — | View 990 |
| 2014 | $120K | $119K | $283K | $206K | — | View 990 |
| 2013 | $113K | $119K | $320K | $244K | — | View 990 |
| 2012 | $96K | $170K | $359K | $278K | — | View 990 |
| 2011 | $107K | $119K | $386K | $231K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $132K, expenses of $103K, and assets of $269K (revenue +4.2% year-over-year).
- 2019: Revenue of $127K, expenses of $120K, and assets of $255K (revenue -2.2% year-over-year).
- 2018: Revenue of $130K, expenses of $106K, and assets of $283K (revenue +2.7% year-over-year).
- 2017: Revenue of $126K, expenses of $114K, and assets of $265K (revenue +12.5% year-over-year).
- 2016: Revenue of $112K, expenses of $111K, and assets of $265K (revenue -4.8% year-over-year).
- 2015: Revenue of $118K, expenses of $109K, and assets of $278K (revenue -2.2% year-over-year).
- 2014: Revenue of $120K, expenses of $119K, and assets of $283K (revenue +6.3% year-over-year).
- 2013: Revenue of $113K, expenses of $119K, and assets of $320K (revenue +17.5% year-over-year).
- 2012: Revenue of $96K, expenses of $170K, and assets of $359K (revenue -9.9% year-over-year).
- 2011: Revenue of $107K, expenses of $119K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cheshire Housing Opportunities Inc:
Data Sources and Methodology
This transparency report for Cheshire Housing Opportunities Inc 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.