Cdla Inc

Analysis

Cdla Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in February 1998, 28 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, Cdla Inc reported income of $299k and spending of $390k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $236k to $299k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cdla Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Rural Housing Preservation Foundation ($298k), Habitat for Humanity International Inc ($299k) and Isabella County Nonprofit Housing Corporation ($298k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. At year end it held assets of $1.6m against liabilities of $418k, net assets of $1.2m.

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.