Vacaville Senior Housing Corporation

Analysis

Vacaville Senior Housing Corporation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1984, 42 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 October 2023, Vacaville Senior Housing Corporation reported income of $726k and spending of $720k, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $673k to $726k (+7.9%), an average of +1.9% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vacaville Senior Housing Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Community Outreach Housing ($726k), East Central Iowa Housing Trust Fund ($727k) and Evergreen Court Senior Housing Association ($726k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $931k against liabilities of $1.3m, net assets of -$345k.