Presioca Villa Interfaith Housing Corporation

Analysis

Presioca Villa Interfaith Housing Corporation is a registered charity in United States, based in Lemon Grove, CA. It received its IRS tax-exemption ruling in January 1996, 30 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, Presioca Villa Interfaith Housing Corporation reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to December 2023, income grew from $1.1m to $1.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presioca Villa Interfaith Housing Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Baptist Retirement Homes Foundation ($1.3m), Edison Arms Housing Development Fund Co Inc ($1.3m) and 145 So 3rd Street Housing Development Fund Corporation ($1.3m).

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 $221k. At year end it held assets of $1.5m against liabilities of $1.6m, net assets of -$85k. It reported 2 employees.