Mountain Valley Haven III

Analysis

Mountain Valley Haven III is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in November 2005, 21 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, Mountain Valley Haven III reported income of $107k and spending of $146k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $107k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain Valley Haven III sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Portal-Foster Center Inc ($107k), Womens First Step House of North County ($107k) and Aaa Elderly Housing-Heritage Manor of Sheridan Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.2m against liabilities of $33k, net assets of $1.1m. It reported 1 employees.

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.