Fresno City Center Corporation

Analysis

Fresno City Center Corporation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fresno City Center Corporation reported income of $217k and spending of $103k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $2.6m to $217k (-92%), an average of -92% a year. The sharpest change came in the year to June 2023, when income dropped by 92%. Over the whole period it spent 8.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fresno City Center Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Fairfield Garden Court Inc ($217k), Minot Area Mens Winter Refuge ($217k) and Casa Maria Del Rio ($216k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $31.4m against liabilities of $28.9m, net assets of $2.5m.