Allen Temple Housing Corporation IV

Analysis

Allen Temple Housing Corporation IV is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in July 1995, 31 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 September 2023, Allen Temple Housing Corporation IV reported income of $444k and spending of $610k, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $304k to $444k (+46%), an average of +9.9% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allen Temple Housing Corporation IV sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include United Church Residences of Goshen Indiana Inc ($444k), Kansas City Community Land Trust ($445k) and Senior Home Sharing Inc ($444k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. At year end it held assets of $2.2m against liabilities of $5.2m, net assets of -$3.0m.

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.