HFL Garden Villa Homes

Analysis

HFL Garden Villa Homes is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, HFL Garden Villa Homes reported income of $336k and spending of $452k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $336k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, HFL Garden Villa Homes sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Casa for Lancaster County ($336k), Pike County Outreach Council of ($336k) and Servants with a Heart Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.0m against liabilities of $4.3m, net assets of -$3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.