Casa de Redwood Foundation

Analysis

Casa de Redwood Foundation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in December 1970, 56 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 October 2023, Casa de Redwood Foundation reported income of $3.2m and spending of $2.0m, leaving 35% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.7m to $3.2m (+16%), an average of +3.8% a year. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa de Redwood Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Partnership for Afforable Housing Inc ($3.2m), Oneheart ($3.2m) and Mid-Peninsula Country Hills Inc ($3.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 73% and program service revenue 22% of the total. Other salaries and wages came to $559k. At year end it held assets of $7.5m against liabilities of $231k, net assets of $7.3m.