Archuleta Housing for the Elderly

Analysis

Archuleta Housing for the Elderly is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in May 1996, 30 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 June 2024, Archuleta Housing for the Elderly reported income of $96k and spending of $102k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $85k to $96k (+14%), an average of +6.8% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Archuleta Housing for the Elderly sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Yw Homes Inc ($96k), Front Royal Warren County Shelterfor the Homeless ($96k) and Middle Atlantic Regional Council of the National Association ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $396k against liabilities of $845k, net assets of -$449k.

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.