Telacu Housing-Pico Aliso Inc

Analysis

Telacu Housing-Pico Aliso Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in April 1999, 27 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-Pico Aliso Inc reported income of $734k and spending of $971k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $734k (+18%), an average of +4.2% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Telacu Housing-Pico Aliso Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Open Arms Mission NFP ($733k), Noelle Affordable Housing Corporation ($734k) and Alaska Coalition on Housing & Homelessness ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $2.6m against liabilities of $7.0m, net assets of -$4.4m.

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.