Telacu Senior Housing Inc

Analysis

Telacu Senior Housing Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in July 1992, 34 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, Telacu Senior Housing Inc reported income of $1.0m and spending of $902k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $947k to $1.0m (+9.1%), an average of +2.2% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Telacu Senior Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Portage County Land Reutilization Corporation ($1.0m), Sandywoods Homes Inc ($1.0m) and K&l Housing Developement Fund Company Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $3.9m against liabilities of $5.3m, net assets of -$1.4m.