Sierra View Homes

Analysis

Sierra View Homes is a registered charity in United States, based in Reedley, CA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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, Sierra View Homes reported income of $9.0m and spending of $10.4m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.0m to $9.0m (-0.2%), an average of +-0.0% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sierra View Homes sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Alt Finance Corporation ($9.0m), Starc of Louisiana Inc ($9.0m) and Young Womens Christian Association ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $135k (1.3% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $18.4m against liabilities of $11.3m, net assets of $7.1m. It reported 177 employees.