Oscar Housing Foundation

Analysis

Oscar Housing Foundation is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in April 1999, 27 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, Oscar Housing Foundation reported income of $105k and spending of $121k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $72k to $105k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oscar Housing Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Wesley Group Home 1 Inc ($105k), Ranch Street Commons Inc ($105k) and Options Properties Inc ($105k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. At year end it held assets of $482k against liabilities of $389k, net assets of $93k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.