Fillmore Housing Development Corporation

Analysis

Fillmore Housing Development Corporation is a registered charity in United States, based in Keene, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fillmore Housing Development Corporation reported income of $395k and spending of $511k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $395k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fillmore Housing Development Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Rainbow Place Shelter for Homeless Women Inc ($395k), Farrell-Bell Senior Housing Apartments Inc ($395k) and Idaho Development and Housing Organization Inc ($395k).

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 $4.8m against liabilities of $1.5m, net assets of $3.2m.

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.