Village Gardens RHF Housing Inc

Analysis

Village Gardens RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in April 2008, 18 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 September 2023, Village Gardens RHF Housing Inc reported income of $377k and spending of $527k, spending 140% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $301k to $377k (+25%), an average of +5.8% a year. Over the whole period it spent 137% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Village Gardens RHF Housing Inc sits at the 51st percentile: it is larger than about 51% 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 Gresham Hills Inc ($377k), East Side Heart & Home Family Center ($377k) and Gibb Oakridge Village Inc ($377k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $3.3m against liabilities of $4.6m, net assets of -$1.3m.

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.