Century Villages at Cabrillo Inc

Analysis

Century Villages at Cabrillo Inc is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in September 1997, 29 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, Century Villages at Cabrillo Inc reported income of $5.6m and spending of $7.3m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.6m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Century Villages at Cabrillo Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Intend Indiana Inc ($5.6m), Pacific Housing Inc a California Nonprofit Public Benefit Corporati ($5.6m) and Bridges Care Center ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 78% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $33.7m against liabilities of $17.4m, net assets of $16.3m.