Fern Lodge Inc

Analysis

Fern Lodge Inc is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in March 1972, 54 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, Fern Lodge Inc reported income of $3.3m and spending of $3.9m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.3m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fern Lodge Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Snap Financial Access ($3.3m), Family Extended Care of Central Tampa Inc ($3.3m) and City of Bridges CLT ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $226k (5.9% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.9m against liabilities of $225k, net assets of $4.7m. It reported 58 employees.