Dela Vina Housing Inc

Analysis

Dela Vina Housing Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in November 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 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, Dela Vina Housing Inc reported income of $201k and spending of $266k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $176k to $201k (+14%), an average of +3.4% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dela Vina Housing Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include A Home for Everyone in Dekalb Inc ($201k), Forest Grove Senior & Community Alliance ($201k) and Lake Charles Non-Profit Housing Development Corporation ($201k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $695k against liabilities of $1.4m, net assets of -$742k.

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.