San Luis Valley Farmworker Housing Corporation Inc

Analysis

San Luis Valley Farmworker Housing Corporation Inc is a registered charity in United States, based in Center, CO. It received its IRS tax-exemption ruling in February 1997, 29 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, San Luis Valley Farmworker Housing Corporation Inc reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $860k to $1.1m (+29%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, San Luis Valley Farmworker Housing Corporation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Family Promise of Warren County Inc ($1.1m), National Church Residences of ($1.1m) and Garden Court Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $62k (5.2% of expenses). Other salaries and wages came to $190k. At year end it held assets of $5.0m against liabilities of $2.3m, net assets of $2.7m. It reported 6 employees.

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.