Sutter Community Affordable Housing

Analysis

Sutter Community Affordable Housing is a registered charity in United States, based in Yuba City, CA. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Sutter Community Affordable Housing reported income of $729k and spending of $389k, leaving 47% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $244k to $729k (+199%), an average of +32% a year. The sharpest change came in the year to March 2024, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sutter Community Affordable Housing sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Gema Hall Housing Developement Fund Corp ($728k), Bakersfield Senior Housing Inc ($729k) and Life Directions ($728k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 46% of the total. Other salaries and wages came to $22k. At year end it held assets of $5.5m against liabilities of $6.7m, net assets of -$1.2m.