Central Valley Senior Housing Corporation

Analysis

Central Valley Senior Housing Corporation is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in August 2006, 20 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, Central Valley Senior Housing Corporation reported income of $358k and spending of $524k, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $292k to $358k (+23%), an average of +5.2% a year. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Valley Senior Housing Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Homes of Hope Inc ($358k), W H Development Corporation ($358k) and Skelley House Inc ($358k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 34% of the total. At year end it held assets of $5.6m against liabilities of $517k, 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.