Diakonia Housing Inc

Analysis

Diakonia Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 April 2024, Diakonia Housing Inc reported income of $474k and spending of $574k, spending 121% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $398k to $474k (+19%), an average of +4.4% a year. The sharpest change came in the year to April 2024, when income rose by 16%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Diakonia Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Aallapattah Wynwood Community and Development Center ($474k), Bay Homes Development Corp ($474k) and Qumbya Housing Cooperative ($474k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 53% and program service revenue 45% of the total. At year end it held assets of $1.5m against liabilities of $3.8m, net assets of -$2.3m.