Washington Townhouses

Analysis

Washington Townhouses is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Townhouses reported income of $455k and spending of $442k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $455k (-8.2%), an average of -2.1% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington Townhouses sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Four Streets Housing Development Fund Corporation ($455k), Mendenhall Rural Housing and Comm Development Corporation ($455k) and Coalition for Attainable Homes Inc ($455k).

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 $0 against liabilities of $0, net assets of $0.