Regency Apartments RHF Housing Inc

Analysis

Regency Apartments RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2023, 3 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 December 2023, Regency Apartments RHF Housing Inc reported income of $312k and spending of $346k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $312k (+421%), an average of +421% a year. The sharpest change came in the year to December 2023, when income rose by 421%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Regency Apartments RHF Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Restore Mobile ($312k), NHC HV Pul Inc ($313k) and Catalyst Partnerships ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. At year end it held assets of $2.8m against liabilities of $2.8m, net assets of -$19k.