West Valley Community Development Corporation

Analysis

West Valley Community Development Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2023, West Valley Community Development Corporation reported income of $86k and spending of $134k, spending 156% of what it took in. Across the 6 years on record, from June 2017 to June 2023, income fell from $94k to $86k (-8.2%), an average of -1.7% a year. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Valley Community Development Corporation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Maple Apartments of Richmond ($86k), Friends of Good Shepherd Manor Housing Organization Inc ($86k) and Gulf Coast Christian Womens Job Corps-Magdalene House ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 91% of the total. At year end it held assets of $495k against liabilities of $1.2m, net assets of -$684k.

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.