Powered by CharityEZ

Charity report ready

CASTOR HOUSING DEVELOPMENT CORPORATION

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

CASTOR HOUSING DEVELOPMENT CORPORATION

EIN 42-1578355 · Residential Mental Health Treatment (F33)

What they do

ORGANIZED to ACQUIRE, REHABILITATE, CONSTRUCT, OWN and OPERATE AN AFFORDABLE HOUSING PROJECT IN PHILADELPHIA for THE PURPOSES of PROVIDING LOW INCOME, SAFE, AFFORDABLE and PERMANENT HOUSING for THE DISABLED AS MAY BE IDENTIFIED BY FEDERAL, STATE or COUNTY OFFICIALS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

121.61%of revenue went to mission work93.6% of expenses · Program services
$129.90spent for every $100 of revenueSpending was higher than revenue this year.
8.29%of revenue went to management and office costs6.4% of expenses
$2.94in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $37,681 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $33,814 for MARK DEITCHER (VICE PRESIDENT & CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$126,004
Mission workProgram services$153,234121.61% of revenue93.6% of expenses
ManagementOffice and general costs$10,4518.29% of revenue6.4% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$163,685129.90% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 129.90% of revenue
2023Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 124.84% of revenue
2022Expense mix: 93.2% mission · 6.8% management · 0.0% fundraisingTotal expenses: 165.61% of revenue
2021Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 176.03% of revenue
2020Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 132.42% of revenue
2019Expense mix: 91.8% mission · 8.2% management · 0.0% fundraisingTotal expenses: 119.75% of revenue
2018Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 87.37% of revenue
2017Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 150.06% of revenue

Money in and money out

Revenue$126,004
Expenses$163,685
Annual shortfall $37,681 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$153,234 · 93.6% of expenses
Management and office costs$10,451 · 6.4% of expenses
See all reported dollar amounts
Revenue$126,004
Expenses$163,685
Assets$482,035
Income$126,004
Mission work (program services)$153,234
Management and general$10,451
Accounting fees$9,889
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MARK DEITCHERVICE PRESIDENT & CFO · 1 hrs/week $33,814Base · Other $33,814
ROBERT KWAITASSISTANT SECRETARY, VP · 1 hrs/week $31,710Base · Other $31,710
CHIP DARLINGVICE PRESIDENT & COO · 1 hrs/week $31,255Base · Other $31,255
THOMAS QUEENANPRESIDENT & CHIEF EXECUTIVE OFFICER · 1 hrs/week $9,743Base · Other $9,743

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

MARK DEITCHERVICE PRESIDENT & CFO

ROBERT KWAITASSISTANT SECRETARY, VP

CHIP DARLINGVICE PRESIDENT & COO

THOMAS QUEENANPRESIDENT & CHIEF EXECUTIVE OFFICER

JAMES KILCOYNEBOARD MEMBER

JOHN UNGERCHAIRPERSON

TED WEERTSVICE CHAIRPERSON

About this charity

Recognized since
January 2003
Location
2042-48 ARCH STREET 2ND FLOOR, PHILADELPHIA, PA 191031412
County
Philadelphia
In care of
MARK DEITCHER
Primary officer
MARK DEITCHER, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
MCKONLY & ASBURY LLP
NTEE classification
Residential Mental Health Treatment (F33)
IRS tax category
Residential Mental Health Treatment

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free