Los Robles Apartments Inc a Ca Nonprofit Public Benefit Corp

Analysis

Los Robles Apartments Inc a Ca Nonprofit Public Benefit Corp is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in May 1996, 30 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 September 2023, Los Robles Apartments Inc a Ca Nonprofit Public Benefit Corp reported income of $312k and spending of $93k, leaving 70% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $297k to $312k (+4.9%), an average of +1.2% a year. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Los Robles Apartments Inc a Ca Nonprofit Public Benefit Corp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Knox County Rural Housing Finance Corporation ($312k), Roman Eagle Properties Inc ($312k) and Barrows Mill Housing Inc ($312k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 8.4% of the total. At year end it held assets of $11.0m against liabilities of $3.5m, net assets of $7.5m.