Senior Citizens Housing Development Corporation of Fontana

Analysis

Senior Citizens Housing Development Corporation of Fontana is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in March 2002, 24 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Senior Citizens Housing Development Corporation of Fontana reported income of $11.3m and spending of $124k, leaving 99% of income unspent that year. Across the 2 years on record, from June 2019 to June 2020, income grew from $1.9m to $11.3m (+496%), an average of +496% a year. The sharpest change came in the year to June 2020, when income rose by 496%. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens Housing Development Corporation of Fontana sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Midwest Special Services Inc ($11.3m), Veterans Leadership Program of Western Pennsylvania Inc ($11.3m) and Presence Home Care ($11.3m).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 1.7% of the total. Other salaries and wages came to $16k. At year end it held assets of $12.4m against liabilities of $0, net assets of $12.4m. It reported 6 employees.