Casa Del Sol Mobile Home Corporation

Analysis

Casa Del Sol Mobile Home Corporation is a registered charity in United States, based in Fairfield, CA. It received its IRS tax-exemption ruling in April 2013, 13 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 2023, Casa Del Sol Mobile Home Corporation reported income of $1.2m and spending of $2.0m, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+15%), an average of +3.6% a year. Over the whole period it spent 166% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Del Sol Mobile Home Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Santiago Sunrise Village Mobile Home Park Corporation ($1.2m), Hampton Roads Housing Assistants Inc ($1.2m) and Villa Del Norte Apartments Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $100k. At year end it held assets of $9.3m against liabilities of $18.3m, net assets of -$9.1m.

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.