Redlands Senior Housing II

Analysis

Redlands Senior Housing II is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in September 1997, 29 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 September 2023, Redlands Senior Housing II reported income of $689k and spending of $807k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $585k to $689k (+18%), an average of +4.2% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Redlands Senior Housing II sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include First 202 Housing Corporation Xenia Site ($689k), Illinois Property Assessment Institute ($689k) and Germaine Harbor Inc ($689k).

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 $2.2m against liabilities of $5.0m, net assets of -$2.8m.

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.