Southern California Housing Development Corporation of

Analysis

Southern California Housing Development Corporation of is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern California Housing Development Corporation of reported income of $13.6m and spending of $14.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.5m to $13.6m (+8.8%), an average of +2.1% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southern California Housing Development Corporation of 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 Habitat for Humanity International Inc ($13.5m), Alamance Extended Care Inc ($13.6m) and Pittsfield Management Systems Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $44.0m against liabilities of $4.7m, net assets of $39.4m.