Front St Housing Inc

Analysis

Front St Housing Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in September 2006, 20 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 June 2024, Front St Housing Inc reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.4m (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Front St Housing Inc 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 Trilogy-Embers of Marshalltown Ia Inc ($2.4m), Arc of St Martin Inc ($2.4m) and Neighborhood Housing Services Inc of Great Falls ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $1.4m against liabilities of $670k, net assets of $732k.