De Marcos Housing Foundation

Analysis

De Marcos Housing Foundation is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in December 2023, 3 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, De Marcos Housing Foundation reported income of $81k and spending of $52k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income fell from $157k to $81k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, De Marcos Housing Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Sohail Sultan Foundation Inc ($81k), Willow Pond Farm II Inc ($81k) and Creekside Villa Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.