Redding Mountain Vistas II

Analysis

Redding Mountain Vistas II is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in April 2004, 22 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, Redding Mountain Vistas II reported income of $549k and spending of $566k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $350k to $549k (+57%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 18%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Redding Mountain Vistas II sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Villa Vianney Inc ($549k), Western Iowa Community Improvement Regional Housing Trust Fund ($549k) and Central Delaware Housing Collaborative ($549k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $3.7m against liabilities of $5.5m, net assets of -$1.8m.

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.