Telacu Senior Housing of Los Angeles County

Analysis

Telacu Senior Housing of Los Angeles County is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in January 1987, 39 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 of Los Angeles County reported income of $1.1m and spending of $990k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+7.6%), an average of +1.9% a year. Over the whole period it spent 99% 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 of Los Angeles County sits at the 73rd percentile: it is larger than about 73% 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 Neighborhood Housing Services of the Black Hills ($1.1m), Gates Plaza Housing Development Fund Company Inc ($1.1m) and Have Mercy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $4.1m against liabilities of $6.0m, net assets of -$1.9m.