Astoria Gardens Tenant Association

Analysis

Astoria Gardens Tenant Association is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in June 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Astoria Gardens Tenant Association reported income of $2.7m and spending of $2.5m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $2.7m (+11%), an average of +2.7% 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, Astoria Gardens Tenant Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Sebco Development Inc ($2.7m), Sparta Ecumenical Council on Senior Citizen Housing Inc ($2.7m) and Community Alliance of Tenants ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $204k. At year end it held assets of $6.2m against liabilities of $4.3m, net assets of $1.9m.