Sonoma County Affordable Homes Inc

Analysis

Sonoma County Affordable Homes Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Sonoma County Affordable Homes Inc reported income of $348k and spending of $480k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $348k (+5.7%), an average of +1.4% a year. Over the whole period it spent 303% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sonoma County Affordable Homes Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Northeastern Society of Plastic ($348k), Voice Foundation ($348k) and Companions of Christ the Lamb Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $44k (9.3% of expenses). At year end it held assets of $357k against liabilities of $17.8m, net assets of -$17.4m. It reported 1 employees.

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.