Telacu Housing Baldwin Park Inc

Analysis

Telacu Housing Baldwin Park Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Telacu Housing Baldwin Park Inc reported income of $633k and spending of $827k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $633k (+11%), an average of +2.6% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Telacu Housing Baldwin Park Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Redeemer Village I ($633k), VHVH Inc ($634k) and Cardinal Homes Inc ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $2.8m against liabilities of $6.4m, net assets of -$3.6m.

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.