LA Pintoresca Housing Inc

Analysis

LA Pintoresca Housing Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in April 1979, 47 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 August 2023, LA Pintoresca Housing Inc reported income of $1.4m and spending of $1.1m, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $889k to $1.4m (+59%), an average of +12% a year. The sharpest change came in the year to August 2020, when income rose by 38%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Pintoresca Housing Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include United Houma Nation Inc ($1.4m), Willamette Valley Christian School ($1.4m) and Princeton Professional Services Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $2.4m against liabilities of $108k, net assets of $2.3m.