Almond Court Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide affordable housing
- Income
- $1.3 million
- Spending
- $1.5 million
- Spent on programs
- 100%
- Reserves
- 46.8 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 0
- Volunteers
- 5
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 79 out of 100. Higher than 67% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 46.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.5 million spent. To provide affordable rental housing to low-income persons as the .01% general partner in Villa Hermosa Partners, a California Limited Partnership, which owns and operates Villa Hermosa, a 40-unit affordable housing complex located in Wasco, CA.Also to provide affordable rental housing to low-income persons as the .01% general partner in Sunrise Villa Partners, a California Limited Partnership, which owns and operates Sunrise Villa Apartments, a 44-unit affordable rental housing complex located in Wasco, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Caliente Creek Partners, a California Limited Partnership which owns and operates Caliente Creek Apartments, a 46-unit rental housing complex located in Arvin, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Goshen Village Partners, a California Limited Partnership which owns and operates Goshen Village Apartments, a 64-unit rental housing complex located in Goshen, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Rolling Hills Partners, a California Limited Partnership which owns and operates Rolling Hills Apartments, a 52-unit rental housing complex located in Newman, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Washington Plaza Partners, a California Limited Partnership which owns and operates Earlimart Village Apartments, a 44-unit rental housing complex located in Earlimart, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Sand Creek Partners, a California Limited Partnership which owns and operates Orosi Village Apartments, a 60-unit housing complex located in Orosi, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Biola Village Partners, a California Limited Partnership which owns and operates Biola Village Apartments, a 44-unit housing complex located in Biola, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Lincoln Plaza, a California Limited Partnership which owns and operates Lincoln Plaza Apartments, a 40-unit housing complex located in Hanford, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Villa Del Rey Partners, a California Limited Partnership which owns and operates Villa Del Rey Apartments, a 48-unit housing complex located in Del Rey, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Parksdale Village Partners, a California Limited Partnership which owns and operates Parksdale Village Apartments, a 48-unit housing complex located in Madera, CA.Also to provide affordable rental housing to low-income persons as the 99.99% limited partner in Rancho Lindo Partners, a California Limited Partnership which owns and operates Rancho Lindo Apartments, a 44-unit rental housing complex located in Lamont, CA.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.