Avondale Housing Development Corporation

Analysis

Avondale Housing Development Corporation is a registered charity in United States, based in Keene, CA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. 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, Avondale Housing Development Corporation reported income of $458k and spending of $682k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $458k (+20%), an average of +4.6% a year. Over the whole period it spent 152% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Avondale Housing Development Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include West Fargo Uss Swim Team ($458k), Brooklink Inc ($458k) and Seeds of Learning ($458k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.1m against liabilities of $67k, net assets of $5.0m.

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.