San Luis Obispo County Housing Trust Fund

Analysis

San Luis Obispo County Housing Trust Fund is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in October 2003, 23 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, San Luis Obispo County Housing Trust Fund reported income of $2.4m and spending of $700k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $668k to $2.4m (+254%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 225%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, San Luis Obispo County Housing Trust Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Superior Health Support Systems ($2.4m), Greenpointe Regional Housing Inc ($2.4m) and Brookside Senior Living ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $156k (22% of expenses). Other salaries and wages came to $128k. At year end it held assets of $21.7m against liabilities of $9.0m, net assets of $12.7m. It reported 3 employees.