Almond Court Inc

Analysis

Almond Court Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in June 1996, 30 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, Almond Court Inc reported income of $1.5m and spending of $881k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.7m to $1.5m (-59%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 4952%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Almond Court Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Lutheran Development Group Inc ($1.5m), Pittsburgh Housing Development Corporation ($1.5m) and Colony Retirement Homes of Holden Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $6.0m against liabilities of $33k, net assets of $6.0m.