Rancho Sespe Workers Improvement Association Corp

Analysis

Rancho Sespe Workers Improvement Association Corp is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in May 1982, 44 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, Rancho Sespe Workers Improvement Association Corp reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $953k to $1.2m (+25%), an average of +5.7% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rancho Sespe Workers Improvement Association Corp sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Rebuilding Together East Bay Network ($1.2m), Senior Citizens Housing Development Corporation of Washington ($1.2m) and United Cerebral Palsy Housing Development Fund Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.8m against liabilities of $297k, net assets of $1.5m.