Montclair Housing Corporation

Analysis

Montclair Housing Corporation is a registered charity in United States, based in Montclair, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Montclair Housing Corporation reported income of $1.2m and spending of $1.6m, spending 133% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.2m (+1.4%), an average of +0.4% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montclair Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Ed Allies ($1.2m), Huntsville Inner City Learningcenter Inc ($1.2m) and Crossing Thresholds Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.5m against liabilities of $111k, net assets of $1.4m.

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.