Cliff View Village III Inc

Analysis

Cliff View Village III Inc is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cliff View Village III Inc reported income of $164k and spending of $197k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $164k (+31%), an average of +6.9% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cliff View Village III Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Decatur Street Residences Inc ($164k), Meridian Manor Inc ($164k) and Allen Neighborhood Center Support Corp ($163k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.2m against liabilities of $61k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.