Cla Homes II Corp

Analysis

Cla Homes II Corp is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in June 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 June 2023, Cla Homes II Corp reported income of $89k and spending of $161k, spending 181% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $86k to $89k (+3.8%), an average of +0.9% a year. Over the whole period it spent 143% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cla Homes II Corp sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Emanuel Housing Corporation ($89k), Advocates Natick Village Corporation ($89k) and White Family Foundation ($89k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $839k against liabilities of $103k, net assets of $735k.

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.