VPH Adult Retirement Center

Analysis

VPH Adult Retirement Center is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, VPH Adult Retirement Center reported income of $389k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $327k to $389k (+19%), an average of +4.5% a year. Over the whole period it spent 11% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, VPH Adult Retirement Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Regional Housing Network of Massachusetts Inc ($389k), Victory Housing Inc ($389k) and Emmanuel Terrace Inc ($389k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.8m against liabilities of $3, net assets of $8.8m.