Betty Fund-Homes for the Homeless

Analysis

Betty Fund-Homes for the Homeless is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Betty Fund-Homes for the Homeless reported income of $109k and spending of $106k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $109k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Betty Fund-Homes for the Homeless sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Abundantly Blessed Ministries ($108k), Delta Life Development Foundation ($109k) and Casa Blanca Home of Neighborly Service ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,654 against liabilities of $0, net assets of $2,654.