Valentine Good Samaritan Housing Inc

Analysis

Valentine Good Samaritan Housing Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valentine Good Samaritan Housing Inc reported income of $162k and spending of $179k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $162k (+27%), an average of +6.2% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valentine Good Samaritan Housing Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Apostolic Christian Prairie Villa Inc ($162k), Acadiana Assisted Healthcare Inc ($162k) and CLT Interboro CLT Housing Development Fund Corporation ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 40% of the total. Other salaries and wages came to $42k. At year end it held assets of $512k against liabilities of $44k, net assets of $468k.

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.