Archuleta Housing Corp

Analysis

Archuleta Housing Corp is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in August 2020, 6 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 2024, Archuleta Housing Corp reported income of $912k and spending of $621k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $599k to $912k (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 53%. 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, Archuleta Housing Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include National Affordable Housing Foundation Inc ($912k), Mother Theodore Corporation ($913k) and Green Pasture Rest Home ($912k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $65k (10% of expenses). Other salaries and wages came to $135k. At year end it held assets of $1.4m against liabilities of $1.2m, net assets of $238k. It reported 7 employees.