Cathedral Pioneer Church Homes-No Two

Analysis

Cathedral Pioneer Church Homes-No Two is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Cathedral Pioneer Church Homes-No Two reported income of $6.0m and spending of $6.1m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.1m to $6.0m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cathedral Pioneer Church Homes-No Two sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Vincentian de Marillac ($6.0m), Northland Cares ($6.0m) and Ohio Childrens Hospital Solutions for Patient Safety ($6.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 60% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $895k against liabilities of $174k, net assets of $721k. It reported 85 employees.

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.