Ocean View Manor Inc

Analysis

Ocean View Manor Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in June 1987, 39 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 June 2023, Ocean View Manor Inc reported income of $74k and spending of $500, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $47 to $74k (+156926%), an average of +530% a year. The sharpest change came in the year to June 2020, when income rose by 690591%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ocean View Manor Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Ottey Homes Inc ($74k), Riverton Tenant Association Inc ($74k) and Riverview Resident Assistance Foundation ($74k).

At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.