El Rio Mobile Home Park Cooperative

Analysis

El Rio Mobile Home Park Cooperative is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, El Rio Mobile Home Park Cooperative reported income of $521k and spending of $437k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $598k to $521k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, El Rio Mobile Home Park Cooperative sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Urban Ranger Corps ($521k), NCR of Camillus Housing Development Fund Co Inc ($521k) and WTFS Housing Association Inc ($521k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $70k. At year end it held assets of $2.8m against liabilities of $2.0m, net assets of $794k.