Fiesta House Senior Housing Inc

Analysis

Fiesta House Senior Housing Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1996, 30 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, Fiesta House Senior Housing Inc reported income of $381k and spending of $591k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $381k (+4.2%), an average of +1.0% a year. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fiesta House Senior Housing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Meadowood Residents Association Inc ($381k), Aldersgate II Inc ($381k) and Arukah House ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Other salaries and wages came to $51k. At year end it held assets of $2.4m against liabilities of $5.8m, net assets of -$3.4m.

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.