Dolores-Frances Affordable Housing Inc

Analysis

Dolores-Frances Affordable Housing Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Dolores-Frances Affordable Housing Inc reported income of $481k and spending of $444k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $481k (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 867%. 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, Dolores-Frances Affordable Housing Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Ahepa 78 Phase III Inc ($481k), Loaves and Fishes Ministry of Macon Inc ($481k) and Pilgrim Terrace Cooperative Homes ($480k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $779k against liabilities of $51k, net assets of $729k.