Mountclef Community Association

Analysis

Mountclef Community Association 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Mountclef Community Association reported income of $200k and spending of $268k, spending 134% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $189k to $200k (+5.5%), an average of +1.4% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountclef Community Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Montgomery Supported Housing Inc ($199k), Euclid Development Corp ($200k) and Cooperativa Las Tres Palmas ($199k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $800k against liabilities of $2.4m, net assets of -$1.6m.

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.