Orange Housing Development Corporation

Analysis

Orange Housing Development Corporation is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Orange Housing Development Corporation reported income of $12.2m and spending of $5.6m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.9m to $12.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orange Housing Development Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Rocky Hill Country Day School ($12.2m), San Antonio Academy of Texas ($12.2m) and Cape Cod Academy Inc ($12.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $500k (8.9% of expenses). Other salaries and wages came to $309k. At year end it held assets of $73.2m against liabilities of $17.8m, net assets of $55.3m. It reported 6 employees.