Tlaquepaque Housing Corporation

Analysis

Tlaquepaque Housing Corporation is a registered charity in United States, based in Indio, CA. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tlaquepaque Housing Corporation reported income of $657k and spending of $762k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $567k to $657k (+16%), an average of +3.8% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tlaquepaque Housing Corporation sits at the 72nd percentile: it is larger than about 72% 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 KFHPW Holdings ($657k), Mid-Coast Radio Project Inc ($658k) and Brain Injury Association of NC ($657k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $2.9m against liabilities of $4.0m, net assets of -$1.1m.

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.