Mac Arthur Park Towers

Analysis

Mac Arthur Park Towers is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 2025. 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, Mac Arthur Park Towers reported income of $786k and spending of $1.6m, spending 205% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $691k to $786k (+14%), an average of +3.3% a year. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mac Arthur Park Towers sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Northern Lights Housing Corp ($785k), Corporacion Para El Desarrollo Economico de Trujillo Alto ($786k) and Volunteer Residences Two Inc ($785k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $15.9m against liabilities of $21k, net assets of $15.8m.