Affordable Community Living Corporation

Analysis

Affordable Community Living Corporation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in December 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 June 2024, Affordable Community Living Corporation reported income of $4.5m and spending of $4.1m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $4.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 147%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Community Living Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Ingersoll Adult Home Inc ($4.5m), Neighborhood Development Corporation of Akron ($4.5m) and Omni Development Corporation ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 80% of the total. Compensation of current officers, directors and key employees was $303k (7.4% of expenses). Other salaries and wages came to $388k. At year end it held assets of $30.5m against liabilities of $21.3m, net assets of $9.2m. It reported 53 employees.