Sebastopol Area Housing Corporation
Analysis
Sebastopol Area Housing Corporation is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in May 1972, 54 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 November 2023, Sebastopol Area Housing Corporation reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.5m to $1.6m (+5.1%), an average of +1.2% a year. Over the whole period it spent 91% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sebastopol Area Housing Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Beth-Anne Residences ($1.6m), Presentation Senior Community ($1.6m) and Phoenix Transitional Housing Plus ($1.6m).
On its Form 990 for the period ending November 2023, revenue came from contributions and grants 49% and program service revenue 47% of the total. Other salaries and wages came to $286k. At year end it held assets of $6.2m against liabilities of $146k, net assets of $6.1m.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 47%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Beth-Anne Residences | Chicago | $1.6m |
| Presentation Senior Community | Denver | $1.6m |
| Phoenix Transitional Housing Plus | Visalia | $1.6m |
| Revere Elderly Housing Inc | Warren | $1.6m |