Central California Senior Housing Inc
Analysis
Central California Senior Housing Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in June 1974, 52 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 June 2023, Central California Senior Housing Inc reported income of $2.2m and spending of $1.1m, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $569k to $2.2m (+292%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 110%. Over the whole period it spent 62% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central California Senior Housing Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Homes Build Hope Inc ($2.2m), Heritage Place Inc ($2.2m) and Stovall Housing Corporation ($2.2m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 31% of the total. Other salaries and wages came to $189k. At year end it held assets of $20.3m against liabilities of $69k, net assets of $20.2m.
Income and spending
Where the income comes from
- Program services 31%
- Other 69%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Homes Build Hope Inc | Greensburg | $2.2m |
| Heritage Place Inc | Coeur Dalene | $2.2m |
| Stovall Housing Corporation | Los Angeles | $2.2m |
| Largo Landing Elderly Developments | Reston | $2.2m |