Central Valley Coalition for Affordable Housing

Analysis

Central Valley Coalition for Affordable Housing is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, Central Valley Coalition for Affordable Housing reported income of $31.1m and spending of $28.7m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.6m to $31.1m (+308%), an average of +42% a year. The sharpest change came in the year to September 2023, when income rose by 311%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Valley Coalition for Affordable Housing sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Community Housing Partnership ($31.1m), Humangood Nevada ($31.3m) and McLean Affiliates Inc ($31.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $923k (3.2% of expenses). Other salaries and wages came to $642k. At year end it held assets of $84.3m against liabilities of $56.0m, net assets of $28.3m. It reported 26 employees.