Vista Del Monte Affordable Housing Inc

Analysis

Vista Del Monte Affordable Housing Inc is a registered charity in United States, based in Keene, CA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vista Del Monte Affordable Housing Inc reported income of $5.4m and spending of $2.6m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.4m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 456%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vista Del Monte Affordable Housing Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Environmental Works ($5.4m), Foundation for Affordable Housing Inc ($5.4m) and Hunts Point Housing Development Fund Corporation ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $25.5m against liabilities of $14.3m, net assets of $11.2m.