CCFB Real Estate Inc

Analysis

CCFB Real Estate Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, CCFB Real Estate Inc reported income of $86k and spending of $644k, spending 754% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $81k to $86k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2020, when income rose by 509%. Over the whole period it spent 278% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CCFB Real Estate Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include 100 Blackmen of St Mary Inc ($86k), The Healing House of St Paul ($86k) and Breathitt County Senior Citizens Center Inc ($85k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $7.0m against liabilities of $8.6m, net assets of -$1.6m.

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.