Tmhsa Housing

Analysis

Tmhsa Housing is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in February 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 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, Tmhsa Housing reported income of $147k and spending of $376k, spending 256% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $147k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 273% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tmhsa Housing sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include St Nicholas Charities Inc ($147k), Partridge Place ($147k) and Hbhci Hud 8 Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $30k. At year end it held assets of $5.4m against liabilities of $2.3m, 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.