Yolo Mutual Housing Association

Analysis

Yolo Mutual Housing Association is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 December 2023, Yolo Mutual Housing Association reported income of $93k and spending of $524k, spending 564% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $93k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 786% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yolo Mutual Housing Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include LSS Housing Home Sweet Home Inc ($93k), Myrtle Avenue Community Development Corporation ($93k) and Smile Housing Corporation ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $103k against liabilities of $6.8m, net assets of -$6.7m.

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.