Carmel Valley Manor Foundation

Analysis

Carmel Valley Manor Foundation is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in February 2019, 7 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carmel Valley Manor Foundation reported income of $1.6m and spending of $1.0m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.6m (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carmel Valley Manor Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Francis of Assisi Community ($1.6m), St Agnes Senior Citizen Housing de Velopment Fund Company Inc ($1.6m) and Habitat for Humanity International Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $15.3m against liabilities of $0, net assets of $15.3m.