Turnagain Arms Community Housing Association

Analysis

Turnagain Arms Community Housing Association is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Turnagain Arms Community Housing Association reported income of $313k and spending of $104k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $313k (+13%), an average of +3.2% a year. Over the whole period it spent 37% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Turnagain Arms Community Housing Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Villa Isenbart Inc ($313k), Restore House ($313k) and Pender Community Center Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.