CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

Hillsborough, NC, US
501(c)3
EIN
27-2691355

CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT

Hillsborough, NC, US
501(c)3
EIN
27-2691355

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,735,638

Government Grants
59%
Contributions
40%
Program Services
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,926,181

Fees to Service Providers
63%
Grants
15%
Salaries & Benefits
10%
Offices, Occupancy & IT
8%
Other
3%
Interest
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$448,434
$694,547
+55%
Government Grants
$1,296,970
$1,027,953
-21%
Fundraising Events
$0
$0
-
Program Services
$43,231
$12,975
-70%
Membership Dues
$0
$0
-
Investments
$0
$163
-
Other
$1,112
$0
-100%
Total Revenues
$1,789,747
$1,735,638
-3%
Expenses
2023
2024
Change
Grants
$138,507
$289,088
+109%
Benefits to Members
$0
$0
-
Salaries & Benefits
$208,315
$200,883
-4%
Fees to Service Providers
$1,227,931
$1,205,651
-2%
Advertising & Promotion
$13,696
$2,399
-82%
Offices, Occupancy & IT
$112,490
$154,920
+38%
Interest
$10,658
$10,645
0%
Depreciation
$5,749
$6,525
+13%
Other
$136,136
$56,070
-59%
Total Expenses
$1,853,482
$1,926,181
+4%
Net income
2023
2024
Change
Net income
-$63,735
-$190,543
-199%
Functional Expenses
Summary
2023
2024
Change
Program
$1,628,804
$1,789,345
+10%
Admin
$179,092
$108,427
-39%
Fundraising
$45,586
$28,409
-38%
Total Expenses
$1,853,482
$1,926,181
+4%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)