Cla Homes I Corp

Analysis

Cla Homes I Corp is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Cla Homes I Corp reported income of $112k and spending of $160k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $76k to $112k (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 137% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cla Homes I Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Renewing Hope Ministries ($112k), Cure on Wheels Inc ($112k) and Sails Up 4 Cancer Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $895k against liabilities of $112k, net assets of $783k.

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.