Modesto Affiliated Church Housing Corp

Analysis

Modesto Affiliated Church Housing Corp is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1974, 52 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 November 2023, Modesto Affiliated Church Housing Corp reported income of $22.0m and spending of $8.2m, leaving 63% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.8m to $22.0m (+1153%), an average of +88% a year. The sharpest change came in the year to November 2023, when income rose by 851%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Modesto Affiliated Church Housing Corp sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Pathstone Corporation ($22.0m), Compass Housing Alliance ($22.0m) and Habitat for Humanity of San Antonio Inc ($21.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 3.4% and program service revenue 2.1% of the total. At year end it held assets of $19.6m against liabilities of $4,574, net assets of $19.6m.