Celiaway Foundation

Analysis

Celiaway Foundation is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 2022, 4 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, Celiaway Foundation reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $702k to $1.2m (+74%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Celiaway Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Mars Housing Inc ($1.2m), Big Bend Habitat for Humanity Inc ($1.2m) and Open Communities ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $61k (5.3% of expenses). Other salaries and wages came to $65k. At year end it held assets of $248k against liabilities of $120k, net assets of $127k.