Church Homes Inc Congregational
EIN: 60763898 · Hartford, CT · NTEE: P750
| Metric | Value |
|---|---|
| Total Revenue | $78.3M |
| Total Expenses | $45.0M |
| Net Assets | $49.1M |
Is Church Homes Inc Congregational Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Church Homes Inc Congregational
Church Homes Inc Congregational (EIN: 60763898) is a nonprofit organization based in Hartford, CT, classified under NTEE code P750. The organization reported total revenue of $78.3M and total assets of $65.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Church Homes Inc Congregational's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Church Homes Inc Congregational is a major nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.3M |
| Total Expenses | $45.0M |
| Surplus / Deficit | +$367K |
| Total Assets | $61.9M |
| Total Liabilities | $12.8M |
| Net Assets | $49.1M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2023, Church Homes Inc Congregational reported a surplus of $367K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Church Homes Inc Congregational's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.3% | +5.7% | +2.8% |
| 2022 | -9.4% | +5.2% | -9.8% |
| 2021 | +10.9% | -5.3% | +3.2% |
| 2020 | -4.1% | -0.3% | +10.8% |
| 2019 | +3.8% | +3.2% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Church Homes Inc Congregational 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 Church Homes Inc Congregational 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 surplus of $367K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.7%.
Frequently Asked Questions about Church Homes Inc Congregational
Is Church Homes Inc Congregational a legitimate charity?
Church Homes Inc Congregational (EIN: 60763898) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $78.3M. No red flags identified. Financial health grade: A.
How does Church Homes Inc Congregational spend its money?
Church Homes Inc Congregational reported $78.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Church Homes Inc Congregational tax-deductible?
Church Homes Inc Congregational is registered as a tax-exempt nonprofit (EIN: 60763898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Church Homes Inc Congregational located?
Church Homes Inc Congregational is headquartered in Hartford, Connecticut and files with the IRS under EIN 60763898. It is classified under NTEE code P750.
How many years of IRS 990 filings does Church Homes Inc Congregational have?
Church Homes Inc Congregational has 13 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 $78.3M in total revenue.
Filing History
IRS 990 filing history for Church Homes Inc Congregational showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Church Homes Inc Congregational's revenue has grown by 10.5%, moving from $41.0M to $45.3M. Total assets increased by 5.3% over the same period, from $58.8M to $61.9M. Total functional expenses rose by 12.8%, from $39.9M to $45.0M. In its most recent filing year (2023), Church Homes Inc Congregational reported a surplus of $367K, with revenue exceeding expenses. The organization holds $12.8M in liabilities against $61.9M in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $49.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.3M | $45.0M | $61.9M | $12.8M | — | View 990 |
| 2022 | $42.6M | $42.5M | $60.3M | $12.8M | — | View 990 |
| 2021 | $47.1M | $40.4M | $66.8M | $15.2M | — | View 990 |
| 2020 | $42.5M | $42.7M | $64.7M | $21.7M | — | — |
| 2019 | $44.3M | $42.8M | $58.4M | $15.9M | — | View 990 |
| 2018 | $42.7M | $41.5M | $57.8M | $16.7M | — | View 990 |
| 2017 | $40.6M | $39.9M | $57.2M | $17.2M | — | View 990 |
| 2016 | $40.9M | $39.7M | $56.4M | $18.3M | — | View 990 |
| 2015 | $41.8M | $40.3M | $55.1M | $19.3M | — | View 990 |
| 2014 | $41.6M | $40.3M | $57.2M | $20.9M | — | View 990 |
| 2013 | $41.2M | $40.4M | $58.2M | $23.3M | — | View 990 |
| 2012 | $41.8M | $40.2M | $58.4M | $25.0M | — | View 990 |
| 2011 | $41.0M | $39.9M | $58.8M | $27.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.3M, expenses of $45.0M, and assets of $61.9M (revenue +6.3% year-over-year).
- 2022: Revenue of $42.6M, expenses of $42.5M, and assets of $60.3M (revenue -9.4% year-over-year).
- 2021: Revenue of $47.1M, expenses of $40.4M, and assets of $66.8M (revenue +10.9% year-over-year).
- 2020: Revenue of $42.5M, expenses of $42.7M, and assets of $64.7M (revenue -4.1% year-over-year).
- 2019: Revenue of $44.3M, expenses of $42.8M, and assets of $58.4M (revenue +3.8% year-over-year).
- 2018: Revenue of $42.7M, expenses of $41.5M, and assets of $57.8M (revenue +5.1% year-over-year).
- 2017: Revenue of $40.6M, expenses of $39.9M, and assets of $57.2M (revenue -0.6% year-over-year).
- 2016: Revenue of $40.9M, expenses of $39.7M, and assets of $56.4M (revenue -2.3% year-over-year).
- 2015: Revenue of $41.8M, expenses of $40.3M, and assets of $55.1M (revenue +0.5% year-over-year).
- 2014: Revenue of $41.6M, expenses of $40.3M, and assets of $57.2M (revenue +1.0% year-over-year).
- 2013: Revenue of $41.2M, expenses of $40.4M, and assets of $58.2M (revenue -1.5% year-over-year).
- 2012: Revenue of $41.8M, expenses of $40.2M, and assets of $58.4M (revenue +1.9% year-over-year).
- 2011: Revenue of $41.0M, expenses of $39.9M, and assets of $58.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Church Homes Inc Congregational:
Data Sources and Methodology
This transparency report for Church Homes Inc Congregational 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.