Helpful Housing

Analysis

Helpful Housing is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in December 2010, 16 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 2022, Helpful Housing reported income of $4.7m and spending of $1.2m, leaving 76% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $4.7m (+231%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 21% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helpful Housing sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Seward Housing Corporation ($4.7m), Project Home Inc ($4.7m) and Directors Hall ($4.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. At year end it held assets of $44.7m against liabilities of $33.0m, net assets of $11.8m.