Hollywood Housing 811-97

Analysis

Hollywood Housing 811-97 is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Hollywood Housing 811-97 reported income of $230k and spending of $318k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $230k (+11%), an average of +2.5% a year. Over the whole period it spent 137% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hollywood Housing 811-97 sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Whitewater Manor Inc ($230k), Summerfield Senior Residences Inc ($230k) and Grace Community International ($230k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $1.6m against liabilities of $3.8m, net assets of -$2.1m.

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.