Fuller Avenue Senior Citizen Housing Corporation

Analysis

Fuller Avenue Senior Citizen Housing Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1981, 45 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 December 2023, Fuller Avenue Senior Citizen Housing Corporation reported income of $2.3m and spending of $1.2m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fuller Avenue Senior Citizen Housing Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Housing Opportunity Development Corporation ($2.3m), Housing Trust Fund of Johnson County ($2.3m) and Madison Park Housing Corporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $5.3m against liabilities of $827k, net assets of $4.5m.