15th Avenue Housing Corporation

Analysis

15th Avenue Housing Corporation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, 15th Avenue Housing Corporation reported income of $238k and spending of $231k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $238k (+18%), an average of +4.2% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 15th Avenue Housing Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Beattie House Inc ($238k), Ashland Church Community Emergency Shelter Services ($238k) and RVM Grants Pass Housing Corporation ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $801k against liabilities of $1.3m, net assets of -$458k.