Rufino Contreras Affordable Housing Corporation Inc

Analysis

Rufino Contreras Affordable Housing Corporation Inc is a registered charity in United States, based in Keene, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rufino Contreras Affordable Housing Corporation Inc reported income of $4.9m and spending of $5.8m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rufino Contreras Affordable Housing Corporation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Promise House Inc ($4.9m), Woodstock Housing Development Fund Corporation for Senior Citizens ($4.9m) and Santa Barbara Rescue Mission ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32.3m against liabilities of $41.4m, net assets of -$9.1m.