LA Mirada RHF Housing Inc

Analysis

LA Mirada RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 February 2024, LA Mirada RHF Housing Inc reported income of $1000k and spending of $970k, spending 97% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $903k to $1000k (+11%), an average of +2.6% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Mirada RHF Housing Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include World Bible School of Tulare County ($1000k), Habitat for Humanity International Inc ($1000k) and Habitat for Humanity International Inc ($1000k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 65% and program service revenue 32% of the total. At year end it held assets of $2.1m against liabilities of $2.0m, net assets of $177k.