Mid Peninsula Scotts Valley Inc

Analysis

Mid Peninsula Scotts Valley Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in October 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid Peninsula Scotts Valley Inc reported income of $197k and spending of $184k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $197k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 191% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid Peninsula Scotts Valley Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Retired Clergy Housing Corporation of the Virginia Conference of the ($196k), Oak Haven Apartments Inc ($197k) and Housing Hawaiis Future ($196k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $4,299. At year end it held assets of $3.3m against liabilities of $4.7m, net assets of -$1.5m.