Catalina Housing Foundation Inc

Analysis

Catalina Housing Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 2000, 26 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 September 2022, Catalina Housing Foundation Inc reported income of $54k and spending of $85k, spending 157% of what it took in. Across the 5 years on record, from June 2019 to September 2022, income grew from $53k to $54k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to September 2020, when income rose by 381%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catalina Housing Foundation Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Oakview Association ($54k), Torrington Affordable Housing Inc ($54k) and Westphalia Housing Inc ($54k).

On its Form 990 for the period ending September 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $362k against liabilities of $500k, net assets of -$138k.

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.