Home Again Los Angeles

Analysis

Home Again Los Angeles is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in June 2009, 17 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 2023, Home Again Los Angeles reported income of $1.9m and spending of $1.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $862k to $1.9m (+117%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Again Los Angeles sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include NHS Redevelopment Corporation ($1.9m), Family Promise of Santa Clarita Valley ($1.9m) and The Architects Housing Company I ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $163k (11% of expenses). Other salaries and wages came to $412k. At year end it held assets of $1.6m against liabilities of $24k, net assets of $1.5m. It reported 16 employees.