Ramona Estates Inc

Analysis

Ramona Estates Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1979, 47 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 December 2023, Ramona Estates Inc reported income of $132k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $132k (+14%), an average of +3.3% a year. Over the whole period it spent 0.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ramona Estates Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Afiya Apartments Inc ($132k), East Bay Realty Corporation II ($132k) and Housing Services Inc ($132k).

At year end it held assets of $4.2m against liabilities of $53k, net assets of $4.1m.