Many Mansions a California Non Profit Corporation

Analysis

Many Mansions a California Non Profit Corporation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in February 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Many Mansions a California Non Profit Corporation reported income of $10.6m and spending of $10.7m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $10.6m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Many Mansions a California Non Profit Corporation 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 96th percentile within CA. Charities of a similar size with the same main cause include The Housing Fund Inc ($10.6m), Firm Foundation Community Housing ($10.6m) and Habitat for Humanity East Central Ohio Inc ($10.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $1.5m (14% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $53.1m against liabilities of $35.0m, net assets of $18.0m. It reported 109 employees.