At the Fountain Transitional Living

Analysis

At the Fountain Transitional Living is a registered charity in United States, based in Inglewood, 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, At the Fountain Transitional Living reported income of $122k and spending of $120k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $122k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. 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, At the Fountain Transitional Living sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Carmel Estates Inc ($122k), Crider Center C H O I C E S Inc ($122k) and NVCSS Bechelli Lane Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $113k, net assets of -$53k.