Tri-Counties Community Housing Corporation

Analysis

Tri-Counties Community Housing Corporation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in August 2009, 17 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, Tri-Counties Community Housing Corporation reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tri-Counties Community Housing Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Neighborhood Housing Finance Corporation ($1.8m), Genesis Lifecare Corp ($1.8m) and Housing Opportunities Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $228k. At year end it held assets of $19.8m against liabilities of $7.9m, net assets of $11.9m. It reported 1 employees.