Goldstar Senior Shared Housing & Community Development

Analysis

Goldstar Senior Shared Housing & Community Development is a registered charity in United States, based in Fairview, CA. It received its IRS tax-exemption ruling in September 2018, 8 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, Goldstar Senior Shared Housing & Community Development reported income of $101k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $101k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Goldstar Senior Shared Housing & Community Development sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include LSSH Housing South Willow Inc ($100k), Gibb Chipley Village Inc ($101k) and King Hill Apartments Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $492 against liabilities of $0, net assets of $492.