Redding RHF Housing Inc

Analysis

Redding RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 1984, 42 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 February 2024, Redding RHF Housing Inc reported income of $314k and spending of $267k, spending 85% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $276k to $314k (+14%), an average of +3.2% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Redding RHF Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Avenue Plaza Affordable Housing Inc ($314k), 2216 Adams Place HDFC ($314k) and Lancaster Housing Development Fund Company Inc ($314k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 64% and program service revenue 32% of the total. At year end it held assets of $625k against liabilities of $23k, net assets of $602k.